Interxion And TelecityGroup Reach Non-Binding Agreement On All-Share Merger
The proposed transaction would be structured as an offer by TelecityGroup for Interxion.
Interxion Holding N.V. has announced that it has reached a non-binding agreement on an all-share merger with TelecityGroup plc. The proposed transaction would be structured as an offer by TelecityGroup for Interxion and the primary listing for the combined group would be in London, where TelecityGroup’s shares are admitted to trade on the London Stock Exchange; with a New York Stock Exchange listing for TelecityGroup’s existing ADR program contemplated.
TelecityGroup, headquartered in the United Kingdom, is a provider of data centers, operating highly connected facilities in key European cities.