Equinix considers minority stake sale in Hong Kong site, say reports

Equinix is considering the sale of a minority stake in its Hong Kong facilities.

According to Reuters, Equinix has valued its Hong Kong data centres at around $2 billion, with sources from the company reportedly saying that the company could sell 25% at the site.

“Equinix Hong Kong serves as a key interconnection hub for our global customer base. We will continue to invest in future growth to ensure our customers can deploy in Hong Kong with confidence,” a spokesperson from Equinix told Reuters.

Equinix has hired Citigroup to manage the sale – although the company has declined to comment.