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EQT, KKR Among Bidders for $10 Billion Global Switch Deal, Sources Say

  • Gaw Capital, PAG, Stonepeak also among shortlisted bidders
  • Data center assets increasingly attracting takeover interest
Updated on

Private equity firms including EQT AB and KKR & Co. are among bidders shortlisted to buy data center company Global Switch Holdings Ltd., according to people familiar with the matter.

Gaw Capital Partners, PAG and Stonepeak Partners have also been selected to participate in the next round of bidding for the London-based company, the people said, asking not to be identified because the matter is private. Suitors could start conducting due diligence in the coming weeks ahead of a deadline for binding offers, the people said.