Goodman Group and Digital Realty to buy up to 9.9% of NextDC for $730 million
+2 new sources since this summary was written
Goodman Group and Digital Realty announced plans to acquire a combined stake of up to 9.9% in Australian data‑center operator NextDC. The transaction is valued at $730 million, with the parties targeting a price of A$9.50 per share. Neither investor intends to launch a takeover bid. The announcement came after NextDC disclosed a power‑supply delay and revised its guidance.
Why it matters
NextDC’s shares jumped 43% on the news, offering a short‑term gain for current shareholders. The stake gives Goodman and Digital Realty a foothold in the Australian data‑center market, potentially influencing future growth opportunities for both investors.
Key facts
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.