Brookfield, Ontario Teachers’ Pension Plan to buy Compass Datacenters

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Brookfield, Ontario Teachers’ Pension Plan to buy Compass Datacenters
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The deal has an enterprise value of about $5.5-billion, according to a person familiar with the matter

Reuters reported last month that Brookfield and DigitalBridge Group Inc were battling it out in the auction for Compass, whose owners also include RedBird Capital Partners and the Azrieli Group.

In April, Brookfield snapped up a majority stake in Data4 in a deal that valued the data center operator at close to €3.5-billion including debt, Reuters reported.

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