Blackstone (BX) agreed to purchase a 49% interest in Denver-based data center developer Rowan Digital Infrastructure, The Information reported Thursday, citing a person familiar with the matter.
The transaction is anticipated to value Rowan at approximately $3.8 billion, excluding debt, and give Blackstone strong control rights, the unnamed source told the news outlet.
Blackstone and Rowan didn't immediately respond to MT Newswires' requests for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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