Walkers advise Blackstone on US$16 billion acquisition of AirTrunk

Sep 5, 2024

A man in a business suit signing a legal contract.

Walkers acted as counsel to Blackstone and the buyer consortium formed with the Canada Pension Plan Investment Board ("CPPIB") in connection with Blackstone's landmark acquisition of AirTrunk.

The deal, valued at over AU$24 billion (US$16.1 billion), marks Blackstone's largest investment in the Asia Pacific region.

AirTrunk is the largest data center platform in the APAC region, with presence in Australia, Japan, Malaysia, Hong Kong, and Singapore. It has more than 800MW of capacity committed to customers and owns land that can support over 1GW of future growth across the region.

Our team is led by partners Mark Cummings (Corporate), Paul Aherne (Finance) and Monique Bhullar (Private Capital & Trusts), with assistance from Regulatory & Risk Advisory partner Natalie Curtis and supported by Flora Lo, Charisa Yeung, James Glover and Lirann Tse.

This transaction highlights Walkers' continued strength in advising on complex, high value deals through a collaborative cross-practice team in the Asia Pacific region.

MEDIA CONTACT