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Market Chatter: TPG in Discussions to Acquire Macquarie-Backed Netrality Data Centers

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TPG (TPG) is engaged in exclusive negotiations to purchase Macquarie-backed Netrality Data Centers, Bloomberg News reported Monday, citing sources familiar with the matter.

The prospective transaction could value the target company between $2 billion and $3 billion, according to the report.

TPG, Macquarie, and Netrality did not immediately respond to' request for comments.

(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.)

Price: $43.17, Change: $+0.34, Percent Change: +0.79%

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