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Sources Reveal: AirTrunk, the Data Center Operator, Delays Its $1.5 Billion IPO
2 day ago /
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Author：小编
Sources have indicated that, as a result of the adverse effects stemming from escalating interest rates and market instability, which have collectively dampened investor appetite, AirTrunk, a data center operator, has made the decision to postpone its anticipated $1.5 billion Initial Public Offering (IPO) of a real estate investment trust (REIT) in Singapore. This postponement will push the event into the following year. AirTrunk, which enjoys the backing of the Blackstone Group, had initially intended to embark on a roadshow in early October as a means to assess the market's response.
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