Australian data center operator NextDC’s logo is seen at its Artarmon facility in Sydney on September 15, 2026 (Photo by Saeed KHAN/AFP, Getty Images)
Saeed Khan | AFP | Getty Images
Shares of an Australian data center operator NextDC It then jumped more than 42% on Thursday. goodman group and a U.S.-listed data center operating company digital realty The company moved to acquire up to 9.9% of the company’s shares.
NextDC said in a regulatory filing on the same day that the companies conducted an aftermarket bookbuild on Wednesday, seeking to acquire the shares at A$9.50 per share.
NextDC’s board called the move “opportunistic”, noting it came two weeks after the company disclosed power supply delays at its M3 Melbourne data center and revised its 2027 outlook.
NextDC stock on November 5th.
The company said it was not aware of the outcome of the stock acquisition. Goodman and Digital Realty told investors they do not intend to make a tender offer at this time, but they reserve the right to do so.
NextDC’s rise came on the back of weakness in US data center stocks overnight. shares of coreweave Although it fell by about 9%, Airen It fell about 11.2% on Wednesday.
The index fell in response to the Democratic Party’s landslide victory in the US midterm elections, raising expectations that data center development will come under increased scrutiny and AI infrastructure development may be delayed.
