Carrier Connect Data Solutions Inc. Finalizes Agreement to Acquire Australian Data Center from Nexion Group Ltd

Reuters

Jul 11, 2025

Carrier Connect Data Solutions Inc. Finalizes Agreement to Acquire Australian Data Center from Nexion Group Ltd

Carrier Connect Data Solutions Inc. has entered into a share purchase agreement to acquire Nexion W1 DC Pty Ltd., a 2 Megawatt Tier II/III data center in Perth, Australia. This acquisition will see Carrier Connect pay the Vendor, Nexion Group Ltd., AUD $2.5 million, including an upfront payment of AUD $200,000, AUD $100,000 in six months, and AUD $2.2 million amortized into monthly payments over a 25-year term at 9% interest. The acquisition is subject to several conditions, including approval from the TSX Venture Exchange.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carrier Connect Data Solutions Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 1BR1FVdjx) on July 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Finalizes Agreement to Acquire Australian Data Center from Nexion Group Ltd","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Carrier Connect Data Solutions Inc. Finalizes Agreement to Acquire Australian Data Center from Nexion Group Ltd\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Carrier Connect Data Solutions Inc. has entered into a share purchase agreement to acquire Nexion W1 DC Pty Ltd., a 2 Megawatt Tier II/III data center in Perth, Australia. This acquisition will see Carrier Connect pay the Vendor, Nexion Group Ltd., AUD $2.5 million, including an upfront payment of AUD $200,000, AUD $100,000 in six months, and AUD $2.2 million amortized into monthly payments over a 25-year term at 9% interest. 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