HMC Capital to buy data centre group Global Switch Australia in $1.3 bln deal

HMC Capital

23/10/2024 23:16

Oct 24 (Reuters) - Asset manager HMC Capital  HMC.AX 
will acquire Global Switch Australia in A$1.94 billion ($1.29
billion) deal, the Australian firm said on Thursday, as the
company looks to tap into the red-hot data centre sector. 

($1 = 1.5072 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Rishav.Chatterjee@thomsonreuters.com;))