Sixth Street, GIC, SK Telecom, La Caisse compete to buy stake in Bridge DC - report

Buyers are reportedly circling to acquire a stake in APAC operator Bridge Data Centres.

Citing unnamed people familiar with the matter, Bloomberg reports that investment firm Sixth Street Partners, South Korean telecom giant SK Telecom, Singapore state investor GIC, and Canadian pension fund La Caisse are all interested in acquiring at least a partial stake in Bridge DC from current owner Bain Capital.

– Bridge Data Centres

Bain could sell as much as 50 percent in Bridge, potentially valuing the firm at around $4 billion, according to the publication. No final decisions have been made.

None of the potential buyers provided comment to Bloomberg. Bridge told DCD: “As a matter of policy, we do not comment on unverified information or market rumours.”