CPPIB and Equinix Agree to Buy atNorth in $4 Billion Deal
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Iceland-based atNorth operates data centers in Iceland, Denmark, Sweden and Finland.
Canada Pension Plan Investment Board and Equinix Inc. have agreed to acquire atNorth Holding AB, a pan-Nordic data center operator owned by Partners Group Holding AG.The deal values atNorth at $4 billion including debt, according to a statementBloomberg Terminal Friday that confirmed a Bloomberg News report. CPPIB will invest about $1.6 billion and own roughly 60% of atNorth. Equinix will hold the remainder.