July 09 - 09:07
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Colony Capital and Vantage Data Centers form $3.5bn partnership
Colony Capital and Vantage Data Centers have announced a strategic partnership that the companies say is valued at $3.5 billion. The Colony-led investor group will invest $1.2 billion in Vantage’s diversified portfolio, including 12 stabilised North American data centres. Vantage’s management team, led by Sureel Choksi, president and CEO, will continue to manage and operate its assets.
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