TPG in talks to acquire British data centre group Ark for $5 billion
· Business · Economic Times, Financial Times
Global alternative asset manager TPG is in advanced talks to acquire British data centre group Ark from Elliott Investment Management at a valuation of approximately $5 billion, the Financial Times reported on Wednesday citing sources familiar with the matter. Discussions remain ongoing, though a transaction is not guaranteed, the newspaper noted. Reuters could not independently verify the report. TPG and Ark Data Centres did not immediately respond to requests for comment outside business hours. The potential deal would mark one of the largest acquisitions in the UK data centre sector this year.
Why it matters
The acquisition would significantly reshape the UK data centre landscape, consolidating Ark's portfolio — including its Crown Hosting Data Centres joint venture with the UK Government's Cabinet Office — under TPG's ownership, potentially altering access to public sector infrastructure.
Read the original report — Economic Times
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