Australia’s DigiCo to sell US data centre for $750 million
Australia’s DigiCo Infrastructure said on Wednesday it would sell its Chicago data centre for $750 million to pay down debt and fund the development of its Sydney site, sending its shares soaring more than 25%.
Shares of the data centre landlord rose as much as 25.4% to A$2.96, marking their strongest intraday gain in more than a year. The benchmark stock index was up 0.8%.
