Australia’s sovereign wealth fund has boosted its stake in Canberra Data Centres, the largest provider of data centre services to the federal government, in a transaction that values the company at $17 billion.
The Future Fund reached an agreement on Monday to acquire almost half of the Commonwealth Superannuation Corporation’s 24.08 per cent share of the data centre company at a cost of $1.78 billion.
The move, which is the …
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