Back to News
Market Impact: 0.5
Australia's Firmus prices shares to raise $5 billion, term sheet shows
Source: reuters.com
IPOs & SPACsTechnology & Innovation
Australian data-centre operator Firmus priced its IPO at A$11.00 per share and is targeting A$7.1 billion (US$4.94 billion) in proceeds. The offering would represent a major capital-markets transaction for the data-centre sector and could support Firmus's expansion plans.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.30
More News
- Nvidia Faces Questions Over China AI Chip Smuggling Cases
- $8.2B acquisition validates AI-picked chip stock: +20% since June
- Broadcom to lend Anthropic up to $42 billion to lease its chips, filing says
- Markets slip on dollar pressure, but this IT stock is up 10% today
- One of our most recent defensive buys cleared a hurdle and its stock jumped
- AI’s biggest players promise to police themselves at the White House