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is considering an initial public offering that could raise $2 billion for an acquisition company that will snap up data centers.
Blackstone is planning an IPO to raise $2 billion for a data center acquisition company.
KEY POINTS
- The IPO is being led by Goldman Sachs, with Citigroup and Morgan Stanley also involved.
- Blackstone has confidentially filed paperwork with US regulators for this novel investment vehicle.
- The vehicle aims to let shareholders directly bet on the artificial intelligence infrastructure boom.
- Blackstone is targeting tens of billions in eventual fundraising, starting with sovereign wealth funds.
COMPANIES
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