Blackstone’s New York City offices.
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led consortium black stone The company is close to reaching a deal to acquire Australian data center group AirTrunk for A$20 billion ($13.53 billion), including debt, a person familiar with the matter said on Monday.
Blackstone and its partner Canada Pension Plan Investment Board emerged as AirTrunk’s preferred buyer after outbidding rival investment groups, people familiar with the matter said.
The deal could be announced in the coming days, the person said.
Bloomberg first reported the news on Monday, adding that AirTrunk’s owner Macquarie Group and the Canada Public Sector Pension Investment Board are negotiating final details of the deal.
Blackstone, CPPIB, Macquarie and PSP declined to comment.
Reuters reported last week that two bidding groups led by Blackstone and IFM Investors made their final bid for AirTrunk on Tuesday.
The IFM-led consortium consists of DigitalBridge, GIP, Mubadala’s MGX and Silver Lake.
Macquarie and PSP own 88% of the data center business but have not disclosed their respective shareholdings.
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