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Infratil Makes Strategic Investment of $258 Million for 80% Stake in Hong Kong Data Firm — ASX:IFT| ASX Mining News & Discussion
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Lykeshares Official
$IFT Infratil Makes Strategic Investment of $258 Million for 80% Stake in Hong Kong Data Firm
Auckland, New Zealand - Infratil, a leading infrastructure investment company, has announced its acquisition of an 80% stake in a prominent Hong Kong data firm for a substantial sum of $258 million. The purchase, which strengthens Infratil's presence in the data services sector, was funded through a combination of the company's existing capital and bank facilities.

The strategic investment by Infratil reflects its commitment to capitalising on the growing demand for data services and its dedication to expanding its portfolio within the digital infrastructure space. The Hong Kong data firm, revered for its expertise and advanced technology systems, presents a lucrative opportunity for Infratil to tap into the fast-paced data industry and drive future growth.

The $258 million acquisition cost signifies Infratil's confidence in the potential of the Hong Kong data firm. By acquiring an 80% stake, Infratil secures a significant portion of the company's ownership, providing ample control and influence over ...
Infratil Makes Strategic Investment of $258 Million for 80% Stake in Hong Kong Data Firm

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?