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Macquarie Asset Management to take 40% stake in Temasek subsidiary

Felicia Tan
Felicia Tan • 3 min read
Macquarie Asset Management to take 40% stake in Temasek subsidiary
ST Telemedia Global Data Centres is a subsidiary of ST Telemedia, which is, in turn, a subsidiary of Temasek Holdings. Photo: Bloomberg
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ST Telemedia Global Data Centres, a subsidiary of ST Telemedia, has closed a transaction from Macquarie Asset Management for its European subsidiary, Virtus Data Centres (Virtus). ST Telemedia is, in turn, a subsidiary of Temasek Holdings.

The announcement on Jan 11 follows ST Telemedia Global Data Centres’ prior announcement in August 2022.

This time, the company confirmed that Macquarie Asset Management will be taking a 40% stake in Virtus, thus becoming its “significant majority shareholder”.

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