[BUSINESS]■ STORY TIMELINE

MGX EYES DAYONE ACQUISITION AS IPO PLANS SHIFT

Abu Dhabi's MGX is exploring a takeover of Singapore-based data center operator DayOne, potentially derailing the company's planned US IPO at a $20 billion valuation announced last month.

2 SOURCESFIRST SEEN JUN 19, 08:45 PM► READ THE ARTICLE

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Sources: Abu Dhabi's MGX is exploring buying Singapore-based data center operator DayOne; last month, sources said DayOne planned a US IPO at a $20B valuation (Reuters)

Reuters: Sources: Abu Dhabi's MGX is exploring buying Singapore-based data center operator DayOne; last month, sources s…

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Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals (Dinesh Nair/Bloomberg)

Dinesh Nair / Bloomberg: Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global…

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