Firmus and PLDT pull data center IPOs as Asian expansion faces hurdles
Governments have paused data center development as the region’s industry encounters new obstacles. According to Bloomberg, Jardine’s chief warned that billions of dollars in investment depend on a handful of US technology giants, whose global operations could be disrupted by Washington’s increasingly unpredictable stance toward China.
- Both IPO withdrawals occurred this week.
Covered by 3 publishers within 12 hours of the first report.
Reporting3
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Topics Data centers