Starboard SPAC nears $3.4 bln merger deal for Cyxtera - WSJ

Reuters

Feb 22, 2021

Feb 21 (Reuters) - Starboard Value Acquisition Corp's

special-purpose acquisition company is discussing a merger deal with Cyxtera Technologies Inc that would value the data-center provider at around $3.4 billion including debt, the Wall Street Journal reported

on Sunday.

Cyxtera's existing owners, including private-equity firms BC Partners and Medina Capital, are planning to roll their equity stakes into the combined firm, the report said, citing people familiar with the matter.

The deal could be finalized by Monday, assuming the talks don't fall apart, the report said.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Vinay Dwivedi)

((Maria.Ponnezhath@thomsonreuters.com; +91 8061822749;))

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Editing by Vinay Dwivedi)</p><p>((Maria.Ponnezhath@thomsonreuters.com; +91 8061822749;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SVAC","symbol_name":"Spring Valley Acquisition Corp III","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2113582087","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2113582087","pubTimestamp":1613957437,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Feb 21 (Reuters) - Starboard Value Acquisition Corp's  special-purpose acquisition company is discus","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SVAC":"Spring Valley Acquisition Corp III"},"translate_title":"Starboard SPAC接近3.4亿欧元收购Cyxtera-WSJ","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SVAC":0.9},"content_text":"Feb 21 (Reuters) - Starboard Value Acquisition Corp's  special-purpose acquisition company is discussing a merger deal with Cyxtera Technologies Inc that would value the data-center provider at around $3.4 billion including debt, the Wall Street Journal reported on Sunday.   Cyxtera's existing owners, including private-equity firms BC Partners and Medina Capital, are planning to roll their equity stakes into the combined firm, the report said, citing people familiar with the matter.    The deal could be finalized by Monday, assuming the talks don't fall apart, the report said.  (Reporting by Maria Ponnezhath in Bengaluru; Editing by Vinay Dwivedi)((Maria.Ponnezhath@thomsonreuters.com; +91 8061822749;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}