Warburg-Backed Princeton Digital to Buy 70% Stake in XL Axiata's Data Centers
03 Luglio 2019 - 11:25AM
Dow Jones News
By Wong Yi Wei
Warburg Pincus-backed Princeton Digital Group will acquire a 70%
stake in the data center portfolio of XL Axiata (EXCL.JK),
Indonesia's second largest telecommunications company by
subscribers, for an undisclosed sum.
Princeton Digital has also committed to invest $100 million
investment in the data centers, a joint statement by the two
companies said Wednesday.
XL Axiata owns five data centers in Indonesia, while
Singapore-based Princeton Digital is an investor, developer and
operator of internet infrastructure.
Write to Wong Yi Wei at yiwei.wong@wsj.com
(END) Dow Jones Newswires
July 03, 2019 05:10 ET (09:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Grafico Azioni PT XL Axiata Tbk (PK) (USOTC:PTXKY)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni PT XL Axiata Tbk (PK) (USOTC:PTXKY)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a PT XL Axiata Tbk (PK) (OTCMarkets): 0 articoli recenti
Più Pt Xl Axiata Tbk (PC) Articoli Notizie