Deals
Richard Li’s PCCW in Talks to Sell Data Centers to DigitalBridge
- A deal could value PCCW’s data centers at over $600 million
- The parties are still in negotiations to finalize terms
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DigitalBridge Group Inc., a digital infrastructure investment firm, is in advanced talks to acquire data-center assets from PCCW Ltd., according to people familiar with the matter.
PCCW’s data-center assets could be valued at more than $600 million in a potential transaction, the people said, asking not to be identified because the matter is private.