Private investment major KKR is exploring a potential multibillion-dollar sale of data centre cooling provider CoolIT Systems, aiming to capitalise on surging demand for artificial intelligence infrastructure, according to a report by the Financial Times.
The report cites unnamed people familiar with the matter as revealing that the firm has begun working with advisers on a possible sale of the business. Any transaction could value the company at more than $3bn, representing a substantial increa...
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