Brief: Megaport Announces A$200 Million Placement And Acquisition Of Latitude.Sh

Megaport

11/11/2025 24:05

Nov 11 (Reuters) - Megaport Ltd MP1.AX:

A$200 MILLION UNDERWRITTEN PLACEMENT

PLACEMENT TO FUND ACQUISITION OF LATITUDE.SH AND ACCELERATE INDIA NETWORK LAND AND EXPAND

Q1 FY26 REVENUE OF A$62.9 MILLION

LATITUDE.SH UPFRONT CONSIDERATION OF $150 MILLION & UP TO $150 MILLION OF CONTINGENT CONSIDERATION LINKED TO REVENUE & INTEGRATION TARGET

INVESTMENT OF A$43 MILLION TO ACHIEVE ACCELERATED INDIA NETWORK LAND AND EXPAND

Further company coverage: MP1.AX

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