Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
TPG (TPG.US) reportedly in talks to acquire UK data center Ark, valued at around 5 billions USD

TPG (TPG.US) reportedly in talks to acquire UK data center Ark, valued at around 5 billions USD

智通财经智通财经2026/10/28 07:12
Show original

According to sources familiar with the matter, TPG is in talks with Elliott Investment Management to acquire the UK data center company Ark at a valuation of approximately $5 billion.

According to information obtained by Zhihu Finance APP, sources reveal that global alternative asset management company TPG (TPG.US) is in discussions with Elliott Investment Management to acquire UK data center company Ark at an estimated valuation of around $5 billion.

The report states that negotiations are ongoing, but the deal has not been finalized. TPG and Ark Data Centres did not immediately respond to requests for comment outside of business hours.

It is reported that Ark has a joint venture with the UK Cabinet Office called Crown Hosting Data Centres, through which Ark is able to handle all public data center service requirements for the UK government.

Last year, reports indicated that after Elliott acquired Ark Data Centres in 2012, it had been seeking strategic options for the asset, with the expected sale price at that time anticipated to exceed $4 billion.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Signal of a rebound? Goldman Sachs US stock panic index reaches "extreme levels"

Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31
Signal of a rebound? Goldman Sachs US stock panic index reaches "extreme levels"

SpaceX (SPCX.US) undergoes board changes: Google executive departs, Tesla merger evaluation underway.

SpaceX (SPCX.US) announced on Friday that Don Harrison has resigned from the company's board of directors.

智通财经•2026/11/07 06:31