Only in January, TeleCity
announced that it was considering an undisclosed acquisition proposal.
This must be considered part of the twentyfirst-century telecity
TelecityGroup's Bonnington House, Sovereign House, Meridian Gate and Oliver's Yard data centers and Equinix's West Drayton data center in London; TelecityGroup's Science Park and Amstel Business Park I in Amsterdam; and TelecityGroup's Lyonerstrasse data center in Frankfurt were the divesture of eight European assets to Digital Realty in the purchase of Telecity
0 million of its common stock, the net proceeds of a proposed senior secured term loan that it intends to seek in an aggregate principal amount of up to approximately USD700 million and cash on hand, for merger and acquisition activities and repayment of indebtedness for the entire issued and to be issued share capital of Telecity
Group plc and repayment of existing TelecityGroup indebtedness in connection therewith and for general corporate purposes.
AGMs: Perform Group, Porvair, RIT Capital Partners, Telecity
MAJOR MOVERS UP 1753 BSS 29738 +2538 Stobart Gp 110 +878 1960 Daejan Hldgs 2300 +181 1028 GKN 11334 +812 GldmnSchsDyn(E) 118 +18 Paypoint 51312 +3612 3742 Renishaw 442 +31 1433 SEGRO 29012 +2014 BluebyAsstMgt 26558 +1758 1403 Rotork 938 +61 4932 Victrex 715 +45 1996 Domino Print 26138 +1638 DOWN 4848 William Hill 168 -1814 1441 Standrd Chrtrd 1328 -108 5629 SDL 340 -2658 1942 Ladbrokes 16718 -1212 1036 Legal & General 6218 -318 9015 QinetiQ 135 -658 3438 Antofagasta 762 -35 4588 Investec 40614 -1314 3391 SSL Intl 545 -1512 2146 Cobham 17634 -478 4949 Anglo American 1971 -52 Telecity
However, the UK regions have exhibited the ability to attract major players with the likes of Freeserve located in Leeds, Telecity
in Manchester and Marconi and Oracle in Birmingham.
5 million of foreign currency losses related to the Telecity
transaction and $13.
EQUINIX WINS EUROPEAN COMMISSION NOD TO ACQUIRE TELECITY
If for any reason the Telecity
Acquisition is not completed, then Equinix intends to use all of the net proceeds from the offering for general corporate purposes.
has appointed Chesterton and Knight Frank to market City Park Solus, a building providing up to 9,770 sq m (104,420 sq ft) of business space at Brindley Road, Manchester.