Australia's Goodman Group raising $2.54 billion to fund data centre growth

Reuters
19 Feb
Australia's Goodman Group raising $2.54 billion to fund data centre growth

SYDNEY, Feb 19 (Reuters) - Australian property and logistics company Goodman Group GMG.AX said on Wednesday it was raising A$4 billion ($2.54 billion) in a share placement to fund its data centre business growth plans.

($1 = 1.5743 Australian dollars)

(Reporting by Scott Murdoch; Editing by Chris Reese)

((Scott.Murdoch@thomsonreuters.com;))

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