Data center operator AirTrunk is close to filing an IPO application in Singapore.

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BlockBeats News, June 29, according to a report by Bloomberg citing informed sources, AirTrunk, a data center operator backed by Blackstone Group, is close to submitting a confidential initial public offering application for a real estate investment trust in Singapore.

It was previously reported that AirTrunk is seeking to raise approximately $1.5 billion through this offering, which would make it the largest IPO in Singapore since 2017.

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