Stonepeak Acquiring Stake in American Tower's CoreSite For $2.5bn
July 15, 2022 American Tower Corporation
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...
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