BlackRock and IFM Investors are in exclusive talks over a potential acquisition of Stack Infrastructure’s Asia Pacific data center business, according to Bloomberg News.
The proposed transaction is reported to be valued at about $25 billion. Bloomberg cites unnamed people familiar with the matter, saying a consortium backed by BlackRock and IFM has entered a period of exclusivity related to the deal. Channel NewsAsia’s report also references the same Bloomberg story, indicating the discussions are at an advanced stage but not yet concluded.
Across the two sources provided, the coverage focuses on the existence of exclusive negotiations and the reported scale of the deal. Neither outlet details the final terms, timing, financing structure, or whether regulators and other approvals would be required, and no agreement is described as complete at the time of reporting.
