Digital Realty agrees to buy Blackstone’s stake in three fully leased data centers in Virginia (Northern Virginia), in a deal valued at about $7.8 billion. Multiple outlets say the transaction involves Digital Realty paying Blackstone $3.5 billion for the stake. The purchase is described as part of Digital Realty’s effort to expand its data center portfolio, including amid growing demand for capacity.
Separately, Seeking Alpha and Investing.com report that Digital Realty prices a secondary stock offering connected to Blackstone’s stake sale, with shares priced at $185 each and total proceeds cited at about $2.28 billion. CNBC adds that Digital Realty shares fall roughly 4% in premarket trading after the announcement, reflecting investor reaction to the company’s acquisition and the capital-market activity.
Overall, the reports align on the size of the purchase price ($3.5 billion), the geographic focus (Virginia), the total deal valuation (about $7.8 billion), and the share-price level ($185) for the associated secondary offering.
