Macquarie Telecom Group Limited (AU:MAQ) has announced a significant update regarding its acquisition of Intellicentre 2 and Intellicentre 3 East from Keppel DC REIT for $174 million. With this strategic move, the company aims to strengthen its position in the rapidly growing cloud and AI markets. To fund the acquisition, Macquarie Technology Group Limited plans to raise $100 million through a two-tranche placement at a discount, in addition to a $90 million data centre loan note.
In addition to this news, Macquarie Telecom Group Limited has reaffirmed its positive financial outlook by maintaining its EBITDA guidance for FY24. This announcement highlights a decade of consistent growth for the company, showcasing its stability and success in the industry.
Furthermore, investors can visit TipRanks’ Stock Analysis page for insights and analysis on AU:MAQ stock. The page provides detailed information on the company’s performance, growth prospects, and other key metrics that investors should consider before making investment decisions.
