Australia's NEXTDC to raise $500 mln to fund Asian expansion

Reuters

2024/09/10

Sept 10 (Reuters) - Australian data centre operator NEXTDC said on Tuesday it was looking to raise a total of A$750 million ($500.33 million) via a placement and a share purchase plan to fund potential acquisitions of new development sites in Asia.

($1 = 1.4990 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Rashmi Aich)

((Shivangi.Lahiri@thomsonreuters.com;))

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