NYSE-listed cloud and carrier-neutral data centre multinational Digital Reality has entered into a definitive agreement to acquire 55% of carrier-neutral data centre company Teraco Data Environments from a consortium of investors, including investment companies Berkshire Partners and Permira, with the transaction expected to close in the first half of this year, subject to conditions, the companies said on January 4. The acquisition will result in a powerful combination and provide Teraco continued access to capital to grow. Teraco’s existing investors, including global digital infrastructure investors with significant experience investing in Africa, are rolling forward a significant portion of their equity interests, demonstrating their conviction in Teraco’s future growth prospects, said Teraco CEO Jan Hnizdo.
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