ASX Announcements
FY24 Environmental, Social and Governance Report
Sustainability/Climate Action Report
- Aug 27, 2024
- 47 pages
This Month
Inside Project Amidala: AirTrunk’s $24b deal
Four years ago, Blackstone missed its chance to buy up the data centre giant. It wasn’t about to make the same mistake twice, even if it cost $24 billion.
- Anthony Macdonald
Khuda sets $100b valuation target for AirTrunk’s next trick
Billionaire Robin Khuda has praised his own foresight in investing in data centres tailor-made for tech giants after creating a $24 billion business in less than a decade.
- Paul Smith and Tess Bennett
AirTrunk’s $23.5b AI pay day
Blackstone emerged as the winning bidder in the year’s biggest merger and acquisition deal, netting its founder Robin Khuda a $1 billion-plus payday.
- Paul Smith and Anthony Macdonald
Robin Khuda is the ringleader of this year’s biggest M&A deal
The founder of AirTrunk has cashed in on the inexorable rise in demand for processing power and built a vast fortune on the rise of cloud computing.
- Paul Smith and Tess Bennett
August
No sweetener for NextDC in AirTrunk’s $20b auction
The CEO of data centre group NextDC, Craig Scroggie, doesn’t expect AirTrunk’s sale to influence the way his company is valued by the sharemarket.
- Tess Bennett
July
Roaring Keith! Ex-mining minister buys booming coal stocks
Australian mining stocks are ripping, and former LNP federal resources minister Keith Pitt has added three mines to his investment properties.
- Mark Di Stefano
May
Nuclear, data centres are in a sweet spot for investors
Analysts are scouring sharemarkets for ways to profit from the rush of money into the data centres that will support the rise of AI.
- Tom Richardson
CEOs to Labor: Cut taxes and tech investment will ramp up
Dennison Hambling of security monitoring company IMG says Australia is five to 10 years behind other countries and a corporate tax rate cut would free up capital to make bolder investments.
- Simon Evans and Tess Bennett
- Exclusive
- AI
Rich Lister entrepreneur’s final start-up will build underwater robots
Bevan Slattery is arguably Australia’s most successful tech entrepreneurs of the last 20 years. He thinks he has one more start-up in him, and has big plans for reviving coral reefs.
- Tess Bennett
- Opinion
- Sharemarket
These stocks are primed for ‘tectonic-sized’ tailwinds
The magnificent seven are not the only way to play artificial intelligence, there’s money to be made in storage, energy and software on the ASX too.
- Jun Bei Liu
Macquarie’s Tim Joyce puts annual conference to good use
There’s nothing like the annual Macquarie Australia conference to drive home the synergies available to the full-service investment bank.
- Updated
- Myriam Robin
Macquarie Technology founders cash out; E&P Capital on trade
Stockbroker Evans and Partners crossed two lines of stock in the ASX-listed data centre operator after-market on Monday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
Booming AI demand threatens electricity supply
Regulators are scrambling to factor the explosive growth of data centres into demand projections as one network warns of a 250 per cent surge in power needs.
- Ben Potter
- Updated
- Cloud
NextDC boss says nuclear should be on table as AI sucks up energy
The country’s largest listed developer and operator of data centres is raising $1.3 billion to expand its operations amid a boom in demand for computing power.
- Updated
- Tess Bennett
Inflation’s three warnings; NextDC’s $1.3b raise; RBA cuts in doubt
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
NextDC feeds the ducks while they’re hungry
The data centre owner has played the capital markets game superbly to be on the cusp of the top-50 stocks. To stay there, it has to deliver.
- Anthony Macdonald
March
MacCap, PSP greenlight AirTrunk sale process; NDAs out
Parties interested in a slice of Macquarie Capital and PSP Investments’ data centre giant AirTrunk need to sign non-disclosure agreements to get a peek at the books.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Scroggie to the rescue! NextDC-backed SOV in $25m raise
Sources told Street Talk that the company could raise as early as this week, and has Ord Minnett working on a deal to recapitalise it.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NEXTDC mulls data centres acquisition; EQT lurking in the wings
Sources close to the sell-side cautioned the mooted deal was in the “very early stages” and some way from being signed.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2023
Nine small-cap stocks tipped to soar in 2024
If central banks cut interest rates next year as widely predicted, then small-cap stocks could surge as risk appetite returns, investors say.
- Tom Richardson