Digital Realty to Buy Blackstone Funds' Majority Stake in Northern Virginia Data Centers in $7.8 Billion Deal
Digital Realty has agreed to acquire a controlling stake in three fully leased data center facilities in Northern Virginia from funds managed by Blackstone, in a transaction valuing the assets at $7.8 billion. The deal, expected to close on June 30, will see Digital Realty pay $3.5 billion to Blackstone-affiliated funds for a blended 64% equity int…