No sweetener for NextDC in AirTrunk’s $20b auction
Tess BennettTechnology reporter
The blockbuster $20 billion sale of AirTrunk is unlikely to lift public market valuations for data centres because of the opaque nature of the transaction, according to the chief executive of its nearest listed rival NextDC.
NextDC CEO Craig Scroggie said it would be impossible for investors to make a judgement based on AirTrunk’s price tag, without a detailed look at the private company’s books.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles