Deals
Arjun in Talks to Invest in Brookfield-Backed Data4’s Assets
This article is for subscribers only.
Arjun Infrastructure Partners is in advanced talks to acquire a minority stake in the mature assets portfolio of French data center operator Data4, which is owned by Brookfield Infrastructure Partners, according to people familiar with the matter.
The companies are finalizing terms of a transaction over Data4’s so-called stabilized assets, which refer to fully-constructed data centers with high and stable tenancy rates, the people said. The portfolio could be valued at about €3.7 billion ($3.9 billion) in a deal, one of the people said, asking not to be identified as the information is private.