RBC Capital Downgrades CyrusOne (CONE) to Sector Perform Following Takeover
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CyrusOne to be Acquired by KKR and Global Infrastructure Partners in $15 Billion Transaction
November 15, 2021 7:00 AM ESTCyrusOne Common Stockholders to Receive $90.50 Per Share in Cash, Representing a Premium of 25% to CyrusOnes Closing Stock Price of $72.57 on September 27, 2021
DALLAS--(BUSINESS WIRE)-- CyrusOne Inc. (NASDAQ: CONE) (the Company or CyrusOne), a premier global data center REIT, KKR, a leading global investment firm, and Global Infrastructure Partners (GIP), one of the worlds leading infrastructure investors, today announced a definitive agreement pursuant to which KKR and GIP will acquire all outstanding shares of common stock of CyrusOne for $90.50 per share in an all-cash transaction valued at approximately $15 billion, including the... More
