On 19 May 2016, Infratil Limited announced that it had agreed to acquire a 48% shareholding in Canberra Data Centres (CDC), and that, subject to FIRB approval, the transaction was expected to settle in late July 2016.
The time taken to form a government following the Australian election on 2 July has led to longer than expected timeframes for obtaining FIRB approval. In that context, Infratil advises that the transaction is now expected to settle in late August 2016.
Marko Bogoievski
Chief Executive Officer
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