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NextDC shares surge on stake acquisition by Goodman Group and Digital Realty Trust

Investing.com +1 · ·by G4L

DLR Digital Realty Trust Inc
$180.10 +3.39%
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  1. 1NextDC shares surged nearly 43% on Thursday to reach 9.34 AUD.
  2. 2A trust jointly managed by Goodman and Digital Realty acquired up to a 9.9% stake in NextDC on Wednesday at 9.50 AUD per share.
  3. 3The acquisition price represents a 45.5% premium over NextDC's Wednesday closing price.

So what's the key point?

Goodman Group and Digital Realty Trust bought a large amount of NextDC shares. Following this news, NextDC's stock price rose significantly by 43%.

Source Investing.com +1 · View original ↗

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