Tuesday, July 22, 2025

US investment firm Carlyle agrees to acquire a majority stake in IT consultancy and services provider Adastra, sources say valuing it at $400M including debt (Swetha Gopinath/Bloomberg)

Swetha Gopinath / Bloomberg:
US investment firm Carlyle agrees to acquire a majority stake in IT consultancy and services provider Adastra, sources say valuing it at $400M including debt  —  Carlyle Group Inc. has agreed to acquire a majority stake in IT consultancy and services provider Adastra Group SE.



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...