Blue Owl’s Stack Is Said to Consider $30 Billion Asia Sale (1)

Stack Infrastructure Inc., a data center company owned by Blue Owl Capital, is considering options including a sale of its Asia operations, according to people familiar with the matter.

Denver-based Stack has been speaking with prospective advisers about a partial or full sale of the assets in Australia, Japan and Malaysia, the people said, asking not to be identified because the deliberations are private. A transaction might be valued at more than $30 billion, some of the people said.

Other infrastructure-focused funds and industry players may be interested in the business, the people said, adding that considerations are ...