Macquarie Group has agreed to accumulate a majority stake in AirTrunk in a deal that values the corporate at about $3 billion.
Macquarie Infrastructure & Actual Property has signed a deal purchase AirTrunk‘s majority stake, which is at present owned by buyers together with Goldman Sachs Group and TPG Sixth Avenue Companions. After the transaction, AirTrunk CEO Robin Khuda will maintain a minority stake.
AirTrunk is at present working knowledge facilities in Sydney, Melbourne, and Singapore and has introduced its plans to open a facility in Hong Kong in 2020. The corporate can also be at present increasing its Sydney campus for $680m and a 60 MW facility in Singapore for $332m. AirTrunk shares had been put up for public sale in late 2019. Macquarie representatives declined to remark in regards to the acquisition.