CyrusOne said on Nov. 15 that it had agreed to be acquired by private equity firm KKR for $90.50 per share, or around $15 billion in total including the U.S. data-center operator’s debt.
The price is a 25% premium to CyrusOne’s undisturbed market value, the company said. Reuters had reported in September that the company was exploring a sale. American Tower said on the same day that it would buy CoreSite Realty, another U.S. data-center company, for $170 per share, equivalent to $7.5 billion, in cash. Including CoreSite’s debt, the deal is worth $10.1 billion.
CoreSite runs 25 data centers and makes annual revenue of $655 million, based on the third-quarter numbers, with EBITDA of $343 million.Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, Iceland August 7, 2015.
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