Merlin Properties Raises €921 Million to Expand Data Centers
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Merlin Properties Socimi SA has raised €921 million ($998 million) in new capital to fund the expansion of its data center business.
The Spanish real estate company will issue 94 million new shares through an accelerated book-building at €9.8 per share, it said in a regulatory filing. That is a 4.7% discount compared with the closing price of Tuesday.