Announced
Financials
Sources
Tags
Friendly
Data Centers and Hosting
Single Bidder
data center infrastructure
Hong Kong
Minority
Private Equity
Cross Border
Private
Acquisition
Pending
Synopsis
APG, one of the world’s largest pension investors, agreed to acquire a 20% stake in OneAsia, an operator of top-tier data centers in Asia. Financial terms were not disclosed. "We are very pleased to partner with APG. We are convinced that the partnership with APG will accelerate our expansion in the high-growth data center market, especially when we are extending our network into other countries in Asia. APG is an experienced global investor with highly diversified investments. OneAsia is ready to work with APG in elevating the Company to another platform and promoting ESG development," Charles Lee, OneAsia Founder and CEO.
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