13th Jan 2025 10:43
Cordiant Digital Infrastructure Ltd - UK-based investor in specialist digital infrastructure - Secures regulatory approvals for Belgian data centre acquisitions. The company will buy and combine data centre provider DCU Invest NV and the data centre business of Brussels-based Proximus Group. Cordiant alongside funds that it manages will buy a 47.5% economic stake in the combined group for a total of EUR92.3 million. It has been approved under foreign direct investment legislation in Belgium and by the Competition & Consumer Protection Commission in Ireland. The transactions are expected to close in the first quarter of 2025.
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By Michael Hennessey, Alliance News reporter
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