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Sizzling valuations are no bar for Asia data centre deals as AI growth beckons

SummaryCompaniesSale of Indonesia's NeutraDC attracts strong interestAustralia's DigiCo IPO upsized due to strong demandData centres sale can fetch over 20 times core earnings multipleAsia tops M&A activities in global data centre market in 2024SINGAPORE/HONG KONG/SYDNEY, Dec 4 (Reuters) - Global investors are queueing up to invest in data centre operators in Asia Pacific either by buying stakes directly or via public offerings, unfazed by their rich valuations that are driven by demand for arti...

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