BlackRock, IFM close in on $25 billion Stack data center deal, Bloomberg News reports

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BlackRock, IFM close in on $25 billion Stack data center deal, Bloomberg News reports

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A consortium backed by BlackRock and IFM Investors is engaged in exclusive discussions to acquire Stack Infrastructure’s Asia-Pacific data center portfolio for up to $25 billion. The potential transaction involves assets currently owned by Blue Owl Capital, spanning major regional hubs such as Tokyo, Osaka, Sydney, and Melbourne. The investor group includes BlackRock's Artificial Intelligence Infrastructure Partnership alongside IFM, as global financial institutions aggressively pour capital into digital infrastructure to support surging demand for cloud computing and artificial intelligence workloads. While initial market speculation earlier in the year pointed toward a potential valuation exceeding $30 billion, formal due diligence is now underway. Deliberations remain active, and representatives for BlackRock, IFM, Blue Owl, and Stack have not immediately issued formal comments regarding the ongoing negotiations.

Published 2026-09-24 20:20:03 UTC · Published by JQJO

Published by JQJO Editorial Desk · AI assisted

More context

Timeline

On May 2025, Bloomberg reported Stack considered options including a sale valued over billions.
On June 2025, reports identified IFM and AIP as potential bidders for assets.
On late 2024, BlackRock launched the Artificial Intelligence Infrastructure Partnership targeting infrastructure projects.
On September 24, 2026, Bloomberg News reported exclusive talks for twenty five billion dollars.
On September 24, 2026, representatives declined immediate comment regarding the ongoing acquisition negotiations.
On September 25, 2026, market analysts evaluated potential long term effects on digital infrastructure expansion.
On October 1 2026 In coming months, the consortium is expected to finalize extensive asset due diligence procedures.
On December 1 2026 By late 2026, regulatory bodies may review cross border infrastructure consolidation impacts.
On March 1 2027 Within upcoming quarters, transaction closure terms will depend on final contractual agreements.
On January 1 2028 Over coming years, regional data center capacity expansion will accelerate across key markets.

Why it matters

Immediate US impact: Expands US private equity footprint in global artificial intelligence infrastructure. Possible long-term US impact: Drives long term US technological competitiveness via robust global data networks. Most affected groups: Technology investors, regional data operators, financial institutions, and cloud providers. Reader priority: Prioritize verified financial reports over speculative social media transaction rumors.

Coverage notes

Left: Highlights corporate consolidation risks and massive private capital market influence. Center: Reports financial transaction details objectively using available market sources. Right: Emphasizes market growth driven by private investment and technological innovation.