According to Reuters, CyrusOne (CONE) seeking strategic alternatives

  • September 29, 2021


StockCyrusOne Inc.SymbolCONE
Date Announced09/28/2021Source Reuters
TypeNews Report
Date of Confirmation: 11/15/2021Price 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.

For more details view Deal Metrics

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.