360 Capital sets $50M pre-IPO price for infrastructure fund listing
Will invest $25 million into fund after spending $37 million on Perth data centre
Will invest $25 million into fund after spending $37 million on Perth data centre
Comes after a long battle between NEXTDC and 360 Capital Group for control of the data centre property group
Asia Pacific Data Centre Group is eyeing plans to “become a major data centre owner throughout the Asia Pacific region”
Seeking $100 million debt facility would increase APDC’s debt to “imprudent levels”
The move comes after the Takeovers Panel said it would not help NEXTDC in its efforts to win control of Asia Pacific Data Centre Group
Asia Pacific Data Centre Group bidding war remains between NEXTDC and 360 Capital Group