GMG Price sensitive 9 Nov 2026, 9:17 AM

Acquisition of a 9.9% interest in NEXTDC

Goodman Group

Goodman Group Acquires 9.9% Stake in NEXTDC

Key points

  • Acquisition of 9.9% interest in NEXTDC
  • Joint investment by Digital Realty and Goodman Group
  • No current plans for further engagement or takeover

Full summary

Goodman Group, in collaboration with Digital Realty, has acquired a 9.9% interest in NEXTDC through a 50:50 jointly owned special purpose vehicle. The acquisition was made at an average price of $9.22 per share. Both parties have no current plans for further engagement beyond this acquisition and do not intend to submit a control proposal or takeover offer for NEXTDC. However, they reserve the right to do so if circumstances change. Both companies are experienced investors in the data center sector and are open to collaborating with NEXTDC's board and management.

Summary generated by a large language model. Please interpret with care.

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