POTENTIAL DEAL DETAILS
|Date of Confirmation:||11/15/2021||Price at Confirmation:||$89.46|
|Potential Profit:||15.33%||Annualized Profit:||116.56%|
CyrusOne Inc (CONE), a U.S. data center operator with a market capitalization of about $9 billion, is exploring strategic alternatives that include a potential sale of the company, according to people familiar with the matter.
Previously CyrusOne Inc. (CONE) was considering a potential sale after receiving takeover interest on August 16, 2019.
November 12, 2021: CyrusOne Inc. (CONE) is nearing a deal to be sold to a private-equity buyer that could value the data-center operator at more than $10 billion, according to people familiar with the matter.
November 15, 2021: CyrusOne Inc. (CONE) , a premier global data center REIT, KKR, announced a definitive agreement pursuant to which KKR and GIP will acquire all outstanding shares of common stock of CyrusOne for $90.50 per share in an all-cash transaction valued at approximately $15 billion, including the assumption of debt.
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