Goodman eyes funds for data centre growth

The deal is the largest capital raising in Australia in more than three years since CSL raised A$6.3bill in December 2021. — Reuters

SYDNEY: Australian property and logistics company Goodman Group says it is raising A$4bil (US$2.54bil) in a share placement to fund its data centre business growth plans.

The Sydney-headquartered firm will issue 119.42 million shares at A$33.5 each, it said in a regulatory filing.