Equinix and CPPIB Near $4 Billion Deal for Data Center Firm atNorth

Equinix Inc. and Canada Pension Plan Investment Board are nearing a deal to acquire atNorth Holding AB, a pan-Nordic data center operator owned by Partners Group Holding AG, people with knowledge of the matter said.

The consortium is putting the finishing touches on a purchase that could value atNorth at about $4 billion including debt, according to the people. A transaction may be announced as soon as this week, they said.