Market MoversOn the Rise Brookfield Infrastructure Partners L.P jumped on the premarket announcement of a US$ $775-million dealt to acquire the majority of the assets of bankrupt Cyxtera Technologies Inc. In connection with the asset purchase agreement and the court supervised process, Brookfield will purchase from several landlords the real estate at which seven of Cyxtera’s U.S. data centres are located.
Miami-based Cxtera has also signed an agreement to sell its business in its Montreal and Vancouver data centres to Cologix Inc.