Blackstone (BX) nears deal to acquire data centre firm Rowan, which is valued at over USD 10bln in potential deal, according to The Information

This potential acquisition of Rowan by Blackstone signifies a strategic move in the growing data center sector, which highlights the demand for digital infrastructure. The valuation exceeding USD 10 billion suggests strong confidence in future growth, possibly impacting peers in the asset management and tech sectors as investors reassess valuations. Watch for market reactions in related stocks and the broader implications for equity and financing within the technology-focused investments.