February 2, 2023

CyrusOne Nears Deal to Be Sold to a Private Equity Buyer

CyrusOne Inc. is nearing a deal to be sold to a private-equity buyer that could value the data-center operator at more than $10 billion, according to people familiar with the matter.

CyrusOne is in advanced talks with at least two groups and could choose a buyer within days assuming the talks don’t fall apart, the people said. One group includes KKR & Co. and Global Infrastructure Partners and another, Brookfield Asset Management Inc., the people said.

in Tech
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