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Dubai property billionaire mulling data centre investments in Italy

Dubai's property firm DAMAC (DAMAC.DU) could soon set up a data centre footprint in Italy, according to the company’s co-founder. Speaking at a news conference, when asked if the business was considering any further investments in Italy, Hussain Sajwani said: "We are looking at data centres." A spokesman for DAMAC said the company is open to several options, including ...

September 22

Macquarie snaps up 40% fibre stake for $2.5bn

Australian financial services business Macquarie Asset Management (ASX: MQG) said it has finalised an agreement with Enel to acquire a 40% equity interest in Open Fiber for €2.12 billion (US$2.51 billion). Open Fiber operates Italy’s largest fibre-to-the-home network, with more than 12 million households passed in more than 180 urban centres and more than 2,300 rural mu...

August 06

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