middle.news
Spark Sells Majority Stake in Data Centres to Fuel AI Growth
7:41am on Tuesday 12th of August, 2025 AEST
•
Telecommunications
Read Story
Spark Sells Majority Stake in Data Centres to Fuel AI Growth
7:41am on Tuesday 12th of August, 2025 AEST
Key Points
Sale of 75% stake in data centre business to Pacific Equity Partners
Transaction values business at up to $705 million with a 30.8x FY25 pro-forma EBITDA multiple
Spark retains 25% ownership and expects $486 million cash proceeds at completion
New standalone company 'DC Co' to manage data centre assets with independent board and debt
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Spark New Zealand (ASX:SPK)
OPEN ARTICLE