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The latest update is out from Infratil Limited ( (IFUUF) ).
Infratil Limited has announced an increased investment in CDC Data Centres, acquiring a 1.58% share from Commonwealth Superannuation Corporation, while Future Fund acquires the remaining portion. This transaction emphasizes Infratil’s commitment to expanding its digital infrastructure portfolio and reflects its belief in the growth potential of CDC, which is strategically positioned to meet rising demand for data services. The acquisition will bolster Infratil’s governance rights and support CDC’s long-term growth strategy, reinforcing its status as a leading data centre provider in a digitally connected society.
More about Infratil Limited
Infratil Limited, based in Wellington, New Zealand, operates in the infrastructure investment industry, focusing on sectors such as digital infrastructure. The company is known for investing in strategic and high-growth sectors, aiming to deliver long-term value to its stakeholders.
YTD Price Performance: 58.93%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.18B
For a thorough assessment of IFUUF stock, go to TipRanks’ Stock Analysis page.
