Digital Realty
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Digital Realty Stock Dips Amid $3.5 Billion Blackstone Data Center Stake
Digital Realty is acquiring a $3.5 billion stake in three prime data center assets from Blackstone. The deal involves $1.2 billion cash and $2.3 billion in company shares, with the acquired assets in Northern Virginia valued at $7.8 billion. This strategic move enhances Digital Realty’s capacity in a key digital infrastructure hub, driven by growing demand for cloud, AI, and digital services.