PRE-MARKET AUSTRALIAN STOCKS NEWS: Infratil (IFT AT) jointly-owned CDC Data Centres has reportedly scrapped its AUD 73bln Project Southgate AI alliance with Firmus Technologies and NVIDIA (NVDA)

CSL (CSL AT) - Co. could spend up to AUD 2.2bln developing a drug to treat rare kidney and liver diseases under an exclusive agreement with Swiss biotech start-up Alentis Therapeutics. (AFR)

Dexus (DXS AT) - Co. has sent out bankers to seek deep-pocketed equity investors for Australian Data Centres, its data centre platform that recently emerged as a consortium partner for Anthropic’s first Australian computing contract. (AFR)

Infratil (IFT AT) - Co. jointly-owned CDC Data Centres has reportedly scrapped its AUD 73bln Project Southgate AI alliance with Firmus Technologies and NVIDIA (NVDA). (AFR)

Ingenia Communities (INA AT) - Co. management is preparing to defend its contested acquisition of Peet (PPC AT) amid investor concerns over the deal’s structure, valuation and shareholder support as Warburg Pincus conducts due diligence. (The Australian)