KKR eyes multibillion-dollar sale of data center cooling company: Report

U.S. private equity firm KKR is working with advisers on a sale of data center company CoolIT Systems for a price tag ‌potentially exceeding $3 ⁠billion, ⁠the Financial Times reported on Sunday, citing people familiar with the matter.

A potential sale of CoolIT was in ​the preliminary stage and there were no guarantees that it would result in a ​transaction, the report said, adding ⁠that multiple ‌buyers had been earmarked as potential ​bidders.

KKR ​and CoolIT Systems did not ⁠immediately respond to request for comment outside regular ​business hours. Reuters could not immediately ​verify the report.