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Equinix, ST Telemedia among bidders for Time Dotcom's data centres

Bloomberg
Bloomberg • 2 min read
Equinix, ST Telemedia among bidders for Time Dotcom's data centres
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US-based investors DigitalBridge Group Inc., I Squared Capital-owned BDx and Equinix Inc. are among potential suitors for the data centre business of Malaysia’s Time Dotcom Bhd., according to people familiar with the matter.

Stonepeak-backed Digital Edge and Temasek Holdings Pte’s ST Telemedia Global Data Centres are also among the possible bidders, the people said, asking not to be identified because the matter is private. The suitors are conducting due diligence on the assets, known as Aims Data Centre, as they weigh making binding offers, the people said.

A potential deal for Aims could raise about US$500 million to US$600 million, Bloomberg News has reported.

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