Nextdc Shares Jump 9% After Goodman, Digital Realty Stake Report
· Business · Bloomberg, CNBC, LiveMint
Nextdc Ltd. shares surged 9% on Wednesday, their biggest intraday gain since 2010, after the Australian Financial Review reported that Goodman Group and Digital Realty Trust were in advanced talks to buy a stake. The Australian financial daily cited sources saying the data-center peers were evaluating a joint investment in the Indian company. Bloomberg reported the news triggered the sharpest trading activity in a decade for the listed data-center developer. The deal remains unconfirmed and neither company has commented publicly on the speculation. Analysts noted the sector has seen heightened interest as digital infrastructure demand accelerates across India.
Why it matters
The reported stake sale could value Nextdc higher and signal consolidation in India's rapidly expanding data-center market, potentially affecting domestic rivals and the broader cloud-infrastructure landscape.
Read the original report — Bloomberg
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