Jul 13, 2026 – 3.24pmIt is the biggest data centre M&A deal in Asia Pacific since AirTrunk was sold for $24 billion two years ago, and it’s got some punchy forecasts to show bidders and lenders as it guns for a price tag as high as $US30 billion ($43 billion).Street Talk can reveal Stack Infrastructure, owned by NYSE-listed private credit giant Blue Owl Capital, told suitors last week that its up-for-sale Asia Pacific arm had locked down a 864 megawatt contract, with Amazon Web Services said to be the leaseholder.Sarah 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.Angira Bharadwaj is a banking and financial services reporter for The Australian Financial Review. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?