Digital Realty announces a combination of related transactions involving Blackstone’s data center interests and a secondary stock sale. Multiple reports say Blackstone prices a secondary stock offering of Digital Realty shares at $185 per share, raising about $2.28 billion in total. Separately, Channel NewsAsia reports that Digital Realty is buying Blackstone’s data center stake in a deal valued at about $7.8 billion, which includes a planned payment of $3.5 billion to Blackstone for the Virginia data centers referenced in the agreement. The coverage describes these as part of the same broader set of corporate actions linking the disposition of shares to the transfer of data center ownership. While the sources focus on the pricing of the share offering and the overall valuation and payment figures for the data center acquisition, they do not provide additional operational details in the excerpts provided. The reports are consistent that the stock offering price is $185 per share and that Digital Realty’s acquisition of Blackstone’s stake is valued at roughly $7.8 billion, with $3.5 billion tied to Virginia assets.
Digital Realty agrees and prices Blackstone stock offering at $185 per share
Digital Realty announces a combination of related transactions involving Blackstone’s data center interests and a secondary stock sale. Multiple reports say Blackstone prices a secondary stock offerin...
3 sources
10 hours ago
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Key Points
- Blackstone prices a Digital Realty secondary stock offering at $185 per share.
- The secondary offering is reported to raise about $2.28 billion.
- Digital Realty agrees to buy Blackstone’s data center stake valued at about $7.8 billion.
- Digital Realty is reported to pay $3.5 billion for Blackstone’s Virginia data centers in the deal.
- All reports describe transactions involving both a share offering and a data center acquisition.
How Outlets Covered This Story
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Seeking Alpha
Digital Realty prices $2.28B secondary stock offering by Blackstone at $185/shr
2 hours ago
INV
CHA
Channel NewsAsia (CNA)
Digital Realty to buy Blackstone's data center stake in deal valuing assets at $7.8 billion
11 hours ago
CHA
Channel NewsAsia (CNA)
Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centers
11 hours ago
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