Deals
Digital Realty Is In Talks to Buy Teraco for Over $3 Billion
- Deal values African data-center operator at $3.5 billion
- Berkshire Partners, Permira among Teraco stakeholders
This article is for subscribers only.
Digital Realty Trust Inc. said it agreed to acquire a majority stake in Teraco Data Environments Pty, Africa’s largest data-center operator, from private equity owners Permira and Berkshire Partners.
A transaction values Johannesburg-based Teraco at about $3.5 billion, Digital Reality said Monday in a statement confirming an earlier Bloomberg News report.