Deals
CPPIB and Equinix Agree to Buy atNorth in $4 Billion Deal
Iceland-based atNorth operates data centers in Iceland, Denmark, Sweden and Finland.
Source: atNorthCanada Pension Plan Investment Board and Equinix Inc. have agreed to acquire atNorth Holding AB, a pan-Nordic data center operator owned by Partners Group Holding AG.
The deal values atNorth at $4 billion including debt, according to a statement Friday that confirmed a Bloomberg News report. CPPIB will invest about $1.6 billion and own roughly 60% of atNorth. Equinix will hold the remainder.