Asterion Industrial Partners To Acquire 11 Telefónica Data Centers
The sale includes the signing of a housing services agreement to the Telefónica Group, which will enable the company to maintain its commercial offer and leadership in connectivity and cloud services intact.
Telefónica has signed an agreement for the sale of 11 Data Centres to Asterion Industrial Partners, the Pan-European infrastructure fund manager, for a total amount of 550 million euros. The transaction is expected to generate capital gains before taxes and non-controlling interests of around 260 million euros.
The sale includes the signing of a housing services agreement. Telefónica will continue to provide and manage the services it has been offering its customers from these centers and will maintain the direct relationship with them. In turn, this agreement will allow Asterion to leverage the sales network of the Telefónica Group's operations to market the remaining capacity of the Data Centers.