Jun 9, 2026 – 12.42pmNew York-listed private credit giant Blue Owl has hung the for-sale sign at the Asia Pacific operations of Stack Infrastructure, a sprawling data centre business that competes with Blackstone’s AirTrunk.Blue Owl chief executive officer Doug Ostrover in Sydney in March. Dominic LorrimerSarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Blue Owl-owned AirTrunk rival Stack bankers up to sell APAC business
It is set to be the biggest data centre deal in Asia Pacific since Macquarie Asset Management and Canada’s PSP Investments sold AirTrunk for $24 billion-plus to Blackstone.
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