According to people familiar with the matter, a consortium supported by BlackRock and IFM Investors Pty has begun exclusive negotiations on the potential acquisition of Stack Infrastructure Inc. Asia Pacific Data Center. People familiar with the matter revealed that the investment group, which includes BlackRock's supported Artificial Intelligence Infrastructure Partnership and IFM, is preparing to conduct due diligence on these assets. People familiar with the matter said that if the deal is reached, the portfolio could be valued at $20 billion to $25 billion. People familiar with the matter said that the bidder plans to reach an agreement with Stack's owner Blue Owl Capital Inc., as soon as possible. Earlier reports said that Stack is considering selling the data center, and potential bidders include AIP and IFM. Earlier, people familiar with the matter revealed that Blue Owl was initially seeking an asset valuation of more than $30 billion. People familiar with the matter said that negotiations are still ongoing, and the negotiations may last longer, and there is also a possibility that they will break down.

According to people familiar with the matter, a consortium supported by BlackRock and IFM Investors Pty has begun exclusive negotiations on the potential acquisition of Stack Infrastructure Inc. Asia Pacific Data Center. People familiar with the matter revealed that the investment group, which includes BlackRock's supported Artificial Intelligence Infrastructure Partnership and IFM, is preparing to conduct due diligence on these assets. People familiar with the matter said that if the deal is reached, the portfolio could be valued at $20 billion to $25 billion. People familiar with the matter said that the bidder plans to reach an agreement with Stack's owner Blue Owl Capital Inc., as soon as possible. Earlier reports said that Stack is considering selling the data center, and potential bidders include AIP and IFM. Earlier, people familiar with the matter revealed that Blue Owl was initially seeking an asset valuation of more than $30 billion. People familiar with the matter said that negotiations are still ongoing, and the negotiations may last longer, and there is also a possibility that they will break down.