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Equinix buys West Africa’s MainOne in $320m deal expanding into the continent for the first time

Equinix, Inc. (Nasdaq: EQIX) said it will expand into the African continent for the first time through acquiring West African data centre operator MainOne. The transaction has an enterprise value of US$320 million and is expected to be AFFO accretive upon close, excluding integration costs. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of c...

December 07

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