NYSE:BIP - Post Discussion
Post by
retiredcf on Jun 20, 2023 9:26am
Acquisition
09:17 AM EDT, 06/20/2023 (MT Newswires) -- Brookfield Infrastructure Partners (BIP) and Ontario Teachers' Pension Plan said Tuesday they have agreed to acquire Compass Datacenters from RedBird Capital Partners and the Azrieli Group.
Financial terms for the deal, which is slated to be completed by the end of the year, were not provided.
Compass develops data centers for hyperscalers and cloud providers on campuses worldwide, according to a statement.
Price: 35.5, Change: +0.09, Percent Change: +0.25
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