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CONE

CyrusOne

$65.03

0.36 (0.56%)

, COR

CoreSite Realty

$110.02

-0.32 (-0.29%)

11:25
08/16/19
08/16
11:25
08/16/19
11:25

CyrusOne jumps 7% after Bloomberg report of takeover interest

CyrusOne (CONE) is considering a potential sale after a recent approach from at least one suitor, Gillian Tan and Kiel Porter of Bloomberg report, citing people familiar with the matter. CyrusOne is working with an adviser to evaluate its strategic options, they add. Further, a bidder group including KKR (KKR), Stonepeak Infrastructure Partners and I Squared Capital is in the preliminary stages of weighing a bid for CyrusOne, while other potential bidders are interested too, a source told Bloomberg. Shares of CyrusOne are up 7% to $69.23 following the report while the company's data center real estate investment trust peers, including CoreSite Realty (COR), Digital Realty (DLR), Equinix (EQIX), and Interxion (INXN), are also higher.

CONE

CyrusOne

$65.03

0.36 (0.56%)

COR

CoreSite Realty

$110.02

-0.32 (-0.29%)

DLR

Digital Realty

$121.60

1.04 (0.86%)

EQIX

Equinix

$549.13

3.12 (0.57%)

INXN

Interxion

$76.81

0.4 (0.52%)

KKR

KKR

$24.45

0.47 (1.96%)

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