Get your skates on, dealmakers. The owners of $16 billion CDC Data Centres have booted up their much-anticipated capital partner search and the timeline is tight.
Street Talk can reveal CDC’s bankers at Barrenjoey Capital Partners have begun distributing the information memorandum to prospective suitors, who’ve been told to lob non-binding indicative bids in the last week before Christmas.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
