TMT World Congress 2024 - Key takeaways and talking points
TMT World Congress 2024 brought together 500 attendees on Jan 31-Feb 1 in London, for two days of networking and content focused on deals, financing and investment in digital infrastructure, connectivity and technology. From software and cloud dealmaking to AI, the Editorial Review of TMT World Congress 2024 brings together the key takeaways and talking points.
RBC manages GIC review for xScale Europe
Singaporean sovereign wealth fund GIC is considering options for its position in European hyperscale assets in xScale, the joint venture (JV) it has with datacentre giant Equinix [NASDAQ: EQIX], TMT Finance understands.
RBC Capital Markets has been mandated to manage the process, known as Project Lightspeed, sources said.
According to sources, the review could include GIC looking to exit the vehicle – in which it owns an 80% stake – or to sell a stake in stabilised datacentre assets in the JV.
NBOs in for Hub One
Non-binding offers (NBOs) for Aeroports de Paris (AdP) [EPA: ADP]’s IT and telco division Hub One are in, TMT Finance understands.
According to two sources, sellside adviser Barber Hauler has drawn a shortlist of bidders, with private equity firms HIG Capital and Hivest, communications infrastructure business Boldyn Networks (BAI Communications) and Canada Pension Plan Investment Board (CPPIB) admitted to the second round of bids. Offers were under E100m (US$106.8m), two sources said.
One source said NBOs were submitted around the week commencing October 9, 2023.
TMT M&A Global Review and Outlook- 9M 2023
The latest sample report 'TMT M&A Global Review and Outlook – 9M 2023’ from TMT Finance is now available. This report analyses TMT M&A activity in 9M 2023 globally, historic trends, plus deal outlook for the rest of 2023 and beyond.
To get your 12 page sample report please complete the form by visiting the link below:
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