Blackstone Acquires AirTrunk in $16 Billion Deal

The acquisition marks Blackstone's largest investment in the Asia-Pacific region, enhancing its digital infrastructure portfolio.

Blackstone's purchase of AirTrunk is valued at 24 billion Australian dollars ($16.1 billion).
The deal includes debt and capital expenditure for committed projects.
AirTrunk operates data centers across Australia, Japan, Malaysia, Hong Kong, and Singapore.
The acquisition bolsters Blackstone's existing $55 billion portfolio in data centers.
Regulatory approval from the Australian Foreign Investment Review Board is pending.