Simpson Thacher Steers Blackstone’s A$24 Billion AirTrunk Buy

Sept. 4, 2024, 4:48 PM UTC

Simpson Thacher & Bartlett steered Blackstone Inc. in its proposed purchase of Australian data-center operator AirTrunk in a deal valuing the company at A$24 billion ($16.1 billion).

New York-based Blackstone, along with Canada Pension Plan Investment Board, is buying AirTrunk from Macquarie Group Ltd. and PSP Investments, according to a Wednesday statement from the firms.

The Simpson Thacher team is led by New York M&A partners Anthony King and Samuel Rudik and Hong Kong banking and credit partner Makiko Harunari.

All three lawyers have previously guided Blackstone in various transactions, including its $6.3 billion acquisition of Crown Resorts, $6 billion ...

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