Macquarie Said to Be Preparing for Sale of $8 Billion AirTrunk

  • Australia’s AirTrunk runs data centers in Asia Pacific region
  • Sale process could begin in coming weeks, people familiar say
Rendering of one of AirTrunk’s data centers in Sydney.Source: AirTrunk
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AirTrunk’s owners are planning to kick off a process to sell the Australian data center operator, people familiar with the matter said, in what could be one of Asia Pacific’s biggest digital infrastructure deals this year.

AirTrunk’s backers including Macquarie Asset Management and PSP Investments could seek a valuation of about A$12 billion ($7.9 billion) in a potential sale, one of the people said, asking not to be identified because the matter is private. Other options include selling a controlling or partial stake, the people said.