Corporate ActionJun 30, 2026, 12:29 AM
Digital Realty: Blackstone Prices 12.3M Share Offering at $185.00
AI Summary
Digital Realty announced the pricing of an underwritten public offering where affiliates of Blackstone Inc. are selling 12,310,249 shares of Digital Realty common stock at $185.00 per share. This offering is contingent upon Digital Realty's acquisition of Blackstone's interests in the Digital Carver Dulles 9 and Digital Carver Brickyard joint ventures. Digital Realty itself is not selling any shares and will not receive any proceeds from this sale, which is expected to close on July 1, 2026.
Key Highlights
- Blackstone affiliates priced an offering of 12,310,249 shares of Digital Realty common stock.
- Shares were priced at $185.00 per share.
- Digital Realty is not selling shares and will not receive any proceeds from the sale.
- The offering is conditioned upon Digital Realty's acquisition of Blackstone's JV interests.
- The offering is expected to close on July 1, 2026.
- The Blackstone Acquisition is expected to close on June 30, 2026.
Price Impact
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