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Break it Down: NextDC moves on Asian market with mega raising

Australian data centre operator NextDC is bolstering expansion plans into the Asian market with the completion of a $550 million placement

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

Australian data centre operator NextDC (ASX:NXT) is bolstering expansion plans into the Asian market with the completion of a $550 million placement, shortly after its Asia-focused competitor AirTrunk was scooped up by investment manager Blackstone for $24 billion.

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Originally published as Break it Down: NextDC moves on Asian market with mega raising

Original URL: https://www.themercury.com.au/business/stockhead/break-it-down-nextdc-moves-on-asian-market-with-mega-raising/news-story/2a36315a2b70b48d791a3b8f7f5f8e73