PDG TAPS GOLDMAN FOR POTENTIAL STAKE SALE

The Asian data center operator is working with Goldman Sachs on the process, which may result in the sale of a minority or majority stake in the company. The move comes as demand for data center capacity continues to surge across Asia, driven by cloud computing adoption and AI infrastructure needs. Princeton Digital Group operates facilities across multiple Asian markets. The engagement with Goldman Sachs suggests the company's investors are exploring options to unlock value or fuel expansion amid intense competition in the regional data center sector. Warburg Pincus has backed PDG for several years. The private equity firm typically pursues exit strategies through stake sales or secondary transactions to return capital to investors. No timeline or valuation details have been disclosed. The outcome of the strategic review remains uncertain, and PDG may opt against a sale following the process.