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New Deal


Announced

Adani Enterprises and EdgeConneX to form AdaniConneX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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data center

India

Data Centers and Hosting

Single Bidder

Majority

Private

Joint Venture

Acquisition

Friendly

Cross Border

Pending

Synopsis

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Adani Enterprises, an India-based company, with primary interests in energy and logistics sectors, and EdgeConneX, a provider of infrastructure solutions for content providers, are set to form AdaniConneX, a joint venture developing and operating data centers throughout India. Financial terms were not disclosed. “In Adani, we have the ideal partner in India. They possess the necessary capabilities and unique expertise in India required to build out critical digital infrastructure that can best support our customers across the entire country. We look forward to investing in the digital economy of India and meeting our customers’ needs throughout the region in collaboration with Adani," Randy Brouckman, EdgeConneX CEO.

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