NRFrench asset manager AXA IM said on Tuesday it has agreed to sell its stake in French data centre firm Data4 to Brookfield Infrastructure for a undisclosed amount. For Brookfield, the deal marks its entrance into the European data centre market with an eye to expansion, the unit of France’s insurer AXA said in the statement. The deal is likely to value the data centre operator at close to 3.5 billion euros ($3.8 billion) including debt, people familiar with the matter told Reuters last month. -Reuters