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Monday, 31 July 2017 10:56

NextDC offers to buy remainder of APDC for $215m

Data centre operator NextDC has moved to protect the Asia Pacific Data Centre Group against any possible takeover, announcing an unconditional all-cash off-market offer to acquire all the group's securities for $1.87 apiece. With about 115 million shares outstanding, this means that it would pay about $215 million for the balance of APDC.

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