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Italy

KKR planning $37bn takeover of Telecom Italia

Kohlberg Kravis Roberts & Co. L.P. (KKR) (NYSE: KKR) has officially put a bid in to buy Italian telecommunications operator Telecom Italia (TIM) (BIT: TIT) in a transaction that is set to top €33.2 billion ($37.5 billion) including debt and take the group private and delisting it from the Bor...

November 22

Equinix investing $1.5bn to expand its data centre footprint in 16 countries

US data centre real estate investment trust (REIT) Equinix (NASDAQ: EQIX) said it is currently undertaking US$1.51 billion investments to expand its footprint across 16 countries covering 23 major metros. The largest expansion slice resides in the EMEA region, where $823 million are being deployed. This includes projects in London, Paris, Milan, Frankfurt, Muscat, Genoa,...

November 08

Milan gains new data centre as Italy prepares for $2.6bn investment wave

Italian ICT hub IRIDEOS has begun construction of a new data centre in Milan as local enterprises, operators and public administration bodies continue to drive colocation demand up as well as digital infrastructure investments. The Avalon 3 Data Center, an extension of the Avalon Campus, the largest Italian interconnection hub, comes less than a year after the inauguration ...

October 06

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

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