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KKR, GIP to Acquire Data-Center Owner CyrusOne for $15 Billion

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By Patrick Clark

November 15, 2021 at 12:38 PM UTC

This article is for subscribers only.

KKR & Co. and Global Infrastructure Partners agreed to acquire data-center owner CyrusOne Inc. in a transaction valued at roughly $15 billion.

The buyers agreed to pay $90.50 per share, a 25% premium to CyrusOne’s share price on Sept. 27, the last trading day before a published report about a potential company sale, according to a statement Monday. The total purchase price includes the assumption of debt. The transaction is expected to close in the second quarter of next year.