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Data centre giant eyes €9bn Hong Kong float

By Mark Kleinman, City editor
Global Switch, the British-based data centre operator, is drawing up plans for a stock market listing in Hong Kong that could value it at more than ?9bn.
Sky News has learnt that Global Switch, which is majority-owned by a consortium of Asian investors, intends to hire investment banks in the coming weeks to help list the company after years of speculation that it could go public.
A flotation, which is likely to see the London Stock Exchange missing out unless Global Switch opts to pursue a dual listing, is expected to take place later this year.
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