Market Chatter: Artificial Intelligence, Brookfield Asset Among Bidders for Stack Infrastructure's Data Centers

MT Newswires Live06-24

Brookfield Asset Management (BAM) and the Artificial Intelligence Infrastructure Partnership are among possible bidders for Stack Infrastructure's data centers in the Asia-Pacific region, Bloomberg reported Wednesday.

Other potential suitors include KKR & Co. (KKR), according to Bloomberg, citing unnamed people familiar with the matter.

Stack is preparing to start a sale process as soon as July, according to the people familiar with the matter cited in the report.

The Artificial Intelligence Infrastructure Partnership, Brookfield Asset Management, and KKR & Co. did not immediately respond to a request for comment from MT Newswires.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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