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Elliott eyes $5bn exit from UK data centre operator Ark

Reported · Written up by our desk · Equity Funds

Elliott Management is in talks to sell UK-based Ark Data Centres to US private capital group TPG in a deal valued at approximately $5bn, potentially securing a significant return on an investment made more than a decade ago, according to a report by the Financial Times. Discussions remain ongoing, with no guarantee of an agreement. Elliott, which first invested in Ark in 2012, holds a majority stake in the business, which operates 27 data centres across the UK and Belgium and provides infrastructure services to government agencies and major technology companies. A transaction at the proposed v

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