Australia's HMC Capital gains on potential data centre acquisitions

HMC Capital

04/10/2024 04:47

** Shares of HMC Capital  HMC.AX  rise as much as 1.8% to
A$8.510, their highest since Sept. 3
    ** Asset manager confirms media reports of it potentially
acquiring various data centre assets
    ** Says proposed deals are under due diligence and terms
remain confidential and non-binding
    ** HMC up 38% YTD

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))