HMC Capital to buy data centre group Global Switch Australia in $1.3 billion deal

(Reuters) – Asset manager HMC Capital will acquire Global Switch Australia in A$1.94 billion ($1.29 billion) deal, the Australian firm said on Thursday, as the company looks to tap into the red-hot data centre sector.

($1 = 1.5072 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)