Bankrupt Cyxtera Draws Interest From Brookfield, Digital Realty
- The company is exploring a sale of assets or recapitalization
- Final bids for the sale process are due on August 18
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Cyxtera Technologies Inc., the bankrupt data-center operator, has drawn interest for its assets from multiple parties including Brookfield Infrastructure Partners and Digital Realty Trust Inc., according to people with knowledge of the situation.
Cyxtera has been looking at a dual-track process as it seeks to wrap up its Chapter 11 case. That includes weighing a sale of its business or a debt recapitalization in which lenders would take control of the firm.