Abu Dhabi investment firm MGX is reportedly looking to purchase Singaporean data center operator DayOne.
Citing three unnamed sources, Reuters said MGX was working with an investment bank in preparation for a potential transaction.
A DayOne data center in Finland – DayOne
Spun out of Chinese firm GDS in 2025, APAC-focused DayOne has been aiming to take itself public in a $20 billion initial public offering (IPO).
Reuters’ sources said that the MGX acquisition is not finalized and a DayOne IPO could still go ahead.
