Stonepeak has revealed that it is acquiring a 29 percent stake in American Tower’s Coresite data center business. The investment firm will pay $2.5 billion for the stake in the business. The deal is expected to close in Q3 2022, subject to customary closing conditions. According to an announce...

Stonepeak Acquiring Stake in American Tower's CoreSite For $2.5bn
Jul 15, 2022 | Posted by Abdul-Rahman Oladimeji | American Tower Corporation