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Firmus Seeks to Raise $5 Billion in Landmark Australian IPO

Source: Bloomberg

IPOs & SPACsTechnology & InnovationInfrastructure & Defense

Data center operator Firmus Grid Ltd. is seeking to raise at least $5 billion through an Australian IPO, which would rank among the country's largest-ever listings. The deal highlights substantial investor appetite for data-center infrastructure and could be a significant event for Australia's equity-capital markets.

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