Warburg-backed Princeton Digital to acquire 70% stake in XL Axiata data centre portfolio

Warburg-backed Princeton Digital to acquire 70% stake in XL Axiata data centre portfolio

Data centre interior.

Singapore-based internet infrastructure company Princeton Digital Group (PDG) will acquire a 70 per cent stake in telecom firm XL Axiata’s data centre portfolio for an undisclosed figure, the companies said in a joint statement on Wednesday.