Vantage explores $100B IPO as four data center operators line up listings
Vantage Data Centers LLC has held early talks about an initial public offering that would value the operator at roughly $100 billion, Reuters reported today, citing people familiar with the discussions.
Two of those sources told Reuters a listing at that size would be the largest the data center industry has produced. The talks are preliminary. Vantage has met informally with financial advisers and has not launched a formal process, according to the report.
Any deal could come as soon as next year and raise about $10 billion. Selling the company outright or offloading a stake are the other options being weighed, and the report cautioned that Vantage may end up doing none of them.
Three other large operators have had listing plans reported in the past seven days, a run DataCenterDynamics rounded up this week.
