NEXTDC calls stake bid opportunistic as shares rally
Australian data centre operator NEXTDC labeled a share purchase by Goodman Group and Digital Realty opportunistic after receiving no takeover proposal. NEXTDC shares rallied following a significant drop in October caused by project delays and lowered guidance.
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NEXTDC LTD shares surged 45.8% to A$9.52 during morning trade in Australia after dismissing a A$715 million ($501.14 million) stake purchase as opportunistic.
