Blackstone and CPP Investments agree A$24bn AirTrunk acquisition

The deal for the Apac data centre firm, if completed, would be Blackstone’s largest investment in the region; Macquarie Asset Management and PSP Investments are among the sellers.

Andrew Tjaardstra

September 04, 2024

Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, along with the Canada Pension Plan Investment Board (CPP Investments), have agreed to acquire 100% of AirTrunk, an Asia Pacific (Apac) data center firm, in a deal worth around A$24 billion ($16 billion).

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