Switzerland Data Center Green Draws Swiss Life, KKR Interest

Switzerland Data Center Green Draws Swiss Life, KKR Interest

One of Switzerland’s biggest data center operators Green, owned by InfraVia Capital Partners, has attracted initial interest from insurance companies, pension funds and private equity firms, people familiar with the matter said.

Consensus of the Market Banc Sabadell Cellnex (CLNX) would have formally started the process of selling its subsidiary Switzerland (controls 72.2% while Swiss Life Asset Managers controls the remaining 27.8%) for what it would have already hired the advisory banks (JPMorgan and SocGen) and waiting to receive the first round of offers by early May, according to Bloomberg. At least Digital Bridge Group and Phoenix Tower would have shown initial i…

The Aargau company Green, which has been owned by the Infravia Fund since 2018, may soon change hands. Several players, including Swiss Life, are expected to be interested in a takeover.

Cellnex Telecom’s Swiss Unit Towers in Play - Inside Towers

DigitalBridge Group (NYSE: DBRG) and Phoenix Tower International have shown preliminary interest in Cellnex Telecom’s (OTCPK: CLNXF) majority stake in its Swiss tower business, Bloomberg reported Tuesday, citing people with knowledge of the matter. Investor groups EQT and Stonepeak along with SBA Communications (NASDAQ: SBAC) have also been invited, and first-round bids are anticipated by early May, according to the Bloomberg report. At the end …

Swiss Data Center Operator Green Draws Swiss Life, KKR Interest

The company is attracting takeover interest from Swiss Life, KKR, and others, according to reports.