NYSE:BXCapital Markets
Blackstone (BX) Backs Data Center Cooling Deal As $2 Billion Loan Plan Takes Shape
Blackstone (NYSE:BX) has agreed to acquire Flow Control Holdings, a supplier of advanced cooling systems for data centers, food, beverage and pharmaceutical customers.
Flow Control Holdings is expected to expand Blackstone's exposure to thermal management equipment that supports large scale computing and industrial processes.
Blackstone backed data center operator AirTrunk is seeking a sizeable loan facility as it prepares for a potential Singapore REIT listing.
Blackstone's Flow Control...