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Digital Realty, Goodman Buy 9.9% of NEXTDC in Stock Market Raid

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Digital Realty, Goodman Buy 9.9% of NEXTDC in Stock Market Raid Goodman Group and Digital Realty Trust Inc. jointly acquired a 9.9% stake in Australian data center company NEXTDC Ltd. after an aftermarket raid on the stock, opening the door to potential collaboration. The two companies paid an average of A$9.22 for each share, they said in a statement Monday. NEXTDC fell 2.7% in early Sydney trading Monday, after the stock surged 77% last week.

Digital Realty, Goodman Buy 9.9% of NEXTDC in Stock Market Raid Goodman Group and Digital Realty Trust Inc. jointly acquired a 9.9% stake in Australian data center company NEXTDC Ltd. after an aftermarket raid on the stock, opening the door to potential collaboration. The two companies paid an average of A$9.22 for each share, they said in a statement Monday. NEXTDC fell 2.7% in early Sydney trading Monday, after the stock surged 77% last week.
Digital Realty (ORG) Goodman Buy (ORG) NEXTDC (ORG) Goodman Group (ORG) Digital Realty Trust Inc. (ORG) Australian (ORG) NEXTDC Ltd. (ORG) Sydney (LOCATION)
Originally published by Bloomberg Technology Read original →