A $6 bln server deal is template for a mini-boom

Brookfield Infrastructure Partners LP

01/06/2023 17:20

(The author is a Reuters Breakingviews columnist.  The opinions
expressed are his own.)
    By Jonathan Guilford
       NEW YORK, June 1 (Reuters Breakingviews) - Buyers raced
to pay sky-high prices for data centers feeding the cloud -
until a market turn brought bankruptcies and tumbling shares. A
bidding war involving Brookfield suggests the race is on again,
as buyers try to exploit the last cycle’s exuberance and the
next one’s hype.
    Full view will be published shortly.
    Follow @JMAGuilford on Twitter
    
    CONTEXT NEWS
    Asset managers Brookfield Infrastructure Partners and
DigitalBridge are engaged in a bidding war for data-center
provider Compass Datacenters, Reuters reported on May 31. The
deal could value the company at more than $5.5 billion,
including debt, according to the report.

 (Editing by John Foley and Sharon Lam)
 ((For previous columns by the author, Reuters customers can
click on  GUILFORD/  
SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS https://bit.ly/BVsubscribe
 | Jonathan.Guilford@thomsonreuters.com; Reuters Messaging:
Jonathan.Guilford.thomsonreuters.com@reuters.net))