Australia's NEXTDC posts record gain on Goodman, Digital Realty share raid

Goodman

05/11/2026 24:15

** Shares of Australia's NEXTDC NXT.AX gain as much as 45.8% to A$9.520, clocking their biggest intraday gain ever
** The data centre operator's board considers an aftermarket bookbuild by Ackland Investments No.1 Trust, an entity owned by Goodman Group GMG.AX and Digital Realty Trust DLR.N "opportunistic"
** Ackland is seeking to acquire up to 9.9% NEXTDC shares at A$9.50 per share in a deal worth about A$715 million ($501.14 million), according to a term sheet
** NEXTDC says the board is not in possession of any takeover proposal at this time
** Around 66.3 mln shares change hands, nearly 7.4x 30-day average
** NXT down 25.5% YTD
($1 = 1.4267 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)
 ((Keshav.singhchundawat@thomsonreuters.com))