Data centre firm AirTrunk mulls IPO at A$10 bil value: AFR

Data centre operator AirTrunk is considering an initial public offering that would give the company an enterprise value of more than A$10 billion ($6.4 billion), the Australian Financial Review reported.

AirTrunk investors Macquarie Asset Management and PSP Investments sent a request for proposals to seven banks earlier this month for a review that will examine an IPO in Australia and options including the sale of a minority stake in the business, according to the newspaper.