Blackstone likely to acquire Carlyle stake in Bharti data centre arm

Bharti data centre valued at Rs 10,000 cr

American private equity major Carlyle is in talks with Blackstone Inc, the New York-based private equity firm, to sell its 25 per cent stake in Nxtra Data, the data centre subsidiary of Bharti Airtel, at a valuation of its stake at Rs 2,500 crore, said a banking source close to the development.

With this, the data centre business of Bharti Airtel will be valued at Rs 10,000 crore.
 

In 2020, Carlyle had acquired a stake in the data centre company for $235 million or approximately Rs 1,800 crore. A banking source said the talks between Blackstone and Carlyle were underway, and