Blue Owl-owned Stack weighs $30b sale of Asia operations

Blue Owl-owned Stack weighs $30b sale of Asia operations

Photo by Thomas Jensen on Unsplash

Data center company Stack Infrastructure, owned by Blue Owl Capital, is considering options, including a sale of its Asia operations in a deal valued at over $30 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The Denver-based firm provides digital infrastructure solutions to companies and has a network of data centres across key locations in the Asia pacific including Tokyo, according to its website.

Reuters could not immediately verify the report. Stack and Blue Owl did not immediately respond to a request for comment outside of business hours.

Stack has been speaking with prospective advisers about a partial or full sale of the assets in Australia, Japan and Malaysia, the report said.

While other infrastructure-focused funds and industry players might be interested in the business, the considerations are preliminary and no final decisions have been made, the report added.

Reuters

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