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The Asia Pacific Data Centre Group board has recommended shareholders accept the increased offer of $1.87 per share from the Australian-listed data centre group NEXTDC to buy the company. The deal, if it concludes, values APDC at around $215 million.

Published in Listed Tech

ASX-listed data centre operator NextDC has secured a $300 million debt facility from National Australia Bank as it prepares for future growth and for further developments in its business.

Published in Listed Tech

Data centre operator NextDC has moved to protect the Asia Pacific Data Centre Group against any possible takeover, announcing an unconditional all-cash off-market offer to acquire all the group's securities for $1.87 apiece. With about 115 million shares outstanding, this means that it would pay about $215 million for the balance of APDC.

Published in Data Centres
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