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Firmus Eyes $30 Billion Valuation in Australian IPO, AFR Reports

Source: Bloomberg

IPOs & SPACsArtificial IntelligenceInfrastructure & Defense

Data-center operator Firmus Grid is seeking an A$43.7 billion (US$30.3 billion) valuation in an Australian IPO expected this month, according to pricing circulated to potential investors. The proposed valuation underscores strong investor interest in data-center infrastructure, though final demand and pricing remain unconfirmed.

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