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Singapore firm considers bid for UK data center operator Global Switch

Singapore's SC Capital Partners is reportedly considering a bid for UK data center operator Global Switch, currently owned by Jiangsu Shagang Group, with a potential deal valued between $4 billion and $5 billion. This interest comes amid rising demand for digital infrastructure driven by AI and cloud computing, despite a significant decline in Global Switch's valuation due to geopolitical and security concerns. The company has already sold its Australian operations for A$1.94 billion, reflecting ongoing scrutiny over data center ownership.
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04:00 11.04.2025
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