KKR & Co Inc is set to generate one of its strongest investment returns in recent decades through the sale of Canadian data centre cooling business CoolIT Systems to Ecolab Inc, highlighting continued investor appetite for infrastructure linked to AI, according to a report by the Wall Street Journal.
The report cites unnamed executives familiar with the transaction as revealing that the private investment firm, which acquired a majority stake in CoolIT in 2023 at a valuation of $270m, is exp...
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