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EQT Is in Talks to Buy Data-Center Firm EdgeConneX for $2.5 Billion

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Photographer: Balint Porneczi/Bloomberg

EQT AB, the Nordic buyout firm, is talks to buy data-center company EdgeConneX, according to people familiar with the matter.

EQT is discussing buying the Herndon, Virginia-based company from investors including Providence Equity Partners in a deal worth at least $2.5 billion, said one of the people, who asked to not be identified because the matter isn’t public.