Malaysia's TIME sells data centre stake to DigitalBridge for $440 mln
Source: Reuters
SINGAPORE, Nov 22 (Reuters) - Malaysian telecoms firm TIME dotCom (TCOM.KL) is selling a major stake in its data centre business to U.S. infrastructure investor DigitalBridge Group (DBRG.N) for about 2 billion ringgit ($437.64 million), the companies announced on Tuesday.The deal, announced at a time of political upheaval in Malaysia, underscores booming demand for infrastructure assets such as data centres in…
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