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TPG in Talks to Buy British Data Centre Group Ark for About $5 Billion

TPG is in talks to buy Ark from Elliott Investment Management at a valuation of about $5 billion, the Financial Times reported, citing people familiar with the matter.

TPG

Global alternative asset manager TPG NASDAQ:TPG is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of about $5 billion, the Financial Times reported on Wednesday, citing people familiar with the matter.Here are some details