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NextDC to acquire remaining 70.8% of Asia Pacific Data Centre

Monday 8 October 2018 | 08:37 CET | News
Australian data centre-as-a-service provider NextDC has agreed terms with the Asia Pacific Data Centre Group to acquire the remaining 70.8 percent of Asia Pacific Data Centre Holdings and Asia Pacific Data Centre Trust (ADJ) securities it does not own via an unconditional all cash, on market takeover bid. NextDC advises that 360 Capital Group, which holds an interest of 67.3 percent of the AJD securities, has stated that it intends to accept the NextDC offer in respect of all of the securities in APDC that it holds in the absence of a superior proposal. Following acceptance of the offer by

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Categories: Fixed
Companies: M1 / NextDC
Countries: Australia
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