Future Fund to acquire a 24.1% stake in CDC Data Centres.

Synopsis

Future Fund, an independently managed sovereign wealth fund, agreed to acquire a 24.1% stake in CDC Data Centres, which operates four data centres in Australia. Financial terms were not disclosed. The deal marks the sovereign wealth fund’s first investment in a data centre.

Principals

target

Canberra Data Centers

bidder

The Future Fund

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Market Context

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Seller Team (1)

greg boorer

Founder and CEO at CANBERRA DATA CENTERS

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

raphael arndt

CEO at THE FUTURE FUND

Investor

bidder

Deals

£ 2.07 B

Total Value

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