(MarketsInsider) KKR & Co Inc. and Global Infrastructure Partners have teamed up to take US data center operator CyrusOne private in a $15 billion deal.
The all-cash deal will be executed at $90.50 per share or about a 25% premium on CyrusOne’s share closing price on September 27 this year.
CyrusOne executives expect the deal to infuse significant resources and expertise from the acquirers in its push for global expansion.
The deal, which is already approved by the CyrusOne board, is expected to be finalized in the second quarter of next year.
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