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Blackstone-Backed AirTrunk Postpones Planned Singapore REIT IPO

AirTrunk postponed a planned Singapore REIT IPO that could raise about $1.5 billion, people with direct knowledge of the matter said.

BX

5 billion, according to two people with direct knowledge of the matter. The delay comes as a selloff in technology and AI stocks rattles markets. AirTrunk had originally been planning…