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Market Chatter: Macquarie Group's Netrality Data Centers in Discussions to Be Acquired by TPG

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Macquarie Group's (ASX:MQG) Netrality Data Centers is in exclusive discussions to be acquired by TPG in a deal that could value the data center operator at a range of $2 billion to $3 billion, Bloomberg reported Tuesday, citing sources familiar with the matter.

The companies could strike a deal as early as this fall, although talks are ongoing and there is no guarantee of a final agreement, according to the report.

Macquarie Group, Netrality, and TPG did not immediately respond to requests for comment from.

(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.)

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