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American Tower announces $2.5bn CoreSite sale

As more than nine million shares go on sale, the group’s data centre portfolio comprises a total of 27 facilities across the US.

By TTC Newsroom

3 Mins

June 06, 2022 | 12:28 AM BST

American Tower Corporation (NYSE: AMT) has announced to the markets that one of its subsidiaries has entered into a non-binding term sheet contemplating a third-party minority equity investment in the company’s U.S. data centre business in the anticipated amount of approximately US$2.5 billion.

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