FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: Infratil's CDC Data Centres Seeks to Raise AU$1 Billion Via Hybrid Deal

By

CDC Data Centres Chief Financial Officer David Collins approved a AU$1 billion hybrid offering, according to a report by the Australian Financial Review (AFR) on Monday.

CDC is owned by Infratil (ASX:IFT), Future Fund, and Commonwealth Superannuation Scheme.

Infratil's 49.72% stake in CDC was valued at AU$7.45 billion as of a March 31 independent valuation, per the report.

Morrison, Infratil's manager, did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Asia

Infragreen Group Guides AU$22.5 Million to AU$25 Million in Fiscal Year 2026 Underlying EBITDA; Shares Jump 8%

Infragreen Group (ASX:IFN) said it expects to deliver an underlying net profit after tax of AU$6.3 million to AU$7.3 million, and underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of AU$22.5 million to AU$25 million for the fiscal year ending June 30, according to a Monday Australian bourse filing.This would take the underlying net profit after tax 277% to 336% higher, and the underlying EBITDA 21% to 35% higher than fiscal year 2025.It guided the underlying forecast EBITDA to be AU$26 million to AU$28 million for the fiscal year 2027.Its shares jumped 8% in recent trading on Monday.

$ASX:IFN
Asia

Park Medi World to Acquire Hospital in Uttarakhand, India; Shares Up 3%

Park Medi World (NSE:PARKHOSPS, BOM:544645) has agreed to acquire hospital operator V3 Healthcare for 1.77 billion Indian rupees, according to a Monday filing to the Indian stock exchanges.V3 Healthcare operates the 330-bed multi-super speciality hospital, The Medicity Hospital, at Rudrapur in Uttarakhand, India.Under the pact, the company will acquire 80% of the shareholding in V3 Healthcare by Aug. 31, and the remaining 20% will be acquired after March 31, 2030.The acquisition marks Park Group's entry into the Indian state of Uttarakhand and expands its presence to the sixth state.The company's shares were up over 3% in recent trade.

$BOM:544645$NSE:PARKHOSPS
Asia

China Launches State Council Probe into Liushenyu Mine Explosion

China's State Council launched an investigation into the country's deadliest gas explosion since 2009, according to a report by state media outlet Xinhua on Saturday.The accident in the Liushenyu coal mine in Qinyuan County, Shanxi Province, occurred on Friday, May 22, killing 82 people, another report from the state media said.China's President Xi Jinping called for an all-out rescue effort for the missing and treatment of the injured, as well as for a probe into the incident.There are currently two people missing and 128 hospitalized, according to a report from Bloomberg News.Another coal mine accident with a high number of casualties occurred in 2009 at the Xinxing mine in Heilongjiang Province, Bloomberg reported.

$^SSEC$^SZSE