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Blackstone to buy data center operator QTS Realty Trust for $6.7 bln – WSJ

Investment firm Blackstone Group Inc (BX.N) will buy data center operator QTS Realty Trust Inc (QTS.N) for about $6.7 billion, the Wall Street Journal reported on Monday. The buyout firm's infrastructure unit along with its non-traded real-estate investment trust will pay $78 per share for QTS, according to the report.(https://bit.ly/3ioXRxx) The price represents a premium […]

Asia shares hesitate, China imports underpin resources

Asian shares turned sluggish on Monday as relief over a benign U.S. jobs report was chilled by caution ahead of key inflation data, while a coronavirus outbreak in Taiwan took an increasing toll on hard-pressed chip makers. Data out of Beijing showed China's imports grew at their fastest pace in 10 years as it sucked […]