Corporate ActionJun 29, 2026, 04:08 PM
Digital Realty $2.346B Stock Offering by Blackstone Affiliates
AI Summary
Digital Realty announced an underwritten registered public offering of $2,346 million of its common stock by affiliates of Blackstone Inc. The offering is contingent on the closing of Digital Realty's previously announced acquisition of Blackstone's interests in the Digital Carver Dulles 9 and Digital Carver Brickyard joint ventures. Digital Realty will not be selling any shares in this offering and will not receive any proceeds from the sale.
Key Highlights
- Blackstone affiliates announced an underwritten public offering of Digital Realty common stock.
- The offering is valued at $2,346 million.
- Digital Realty is not selling any shares and will not receive any proceeds from the sale.
- The offering is conditioned upon the closing of the Blackstone Acquisition.
- The Blackstone Acquisition involves Digital Realty acquiring Blackstone's interests in two joint ventures.
- Morgan Stanley will act as the sole underwriter for the public offering.
Price Impact
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