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Greg Smith: Devon Funds Head of Retail on Spark selling 75 percent of its data centre business to Australia’s Pacific Equity Partners

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Manage episode 499713843 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Spark New Zealand is selling 75 percent of its data centre business for about half a billion dollars.

Australian-owned Pacific Equity Partners is taking the controlling share of the $705-million-dollar business.

Spark will move its data centre assets and operations into a new stand-alone company.

Devon Funds Head of Retail Greg Smith explains what this could mean for the business.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

10367 episodes

Artwork
iconShare
 
Manage episode 499713843 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Spark New Zealand is selling 75 percent of its data centre business for about half a billion dollars.

Australian-owned Pacific Equity Partners is taking the controlling share of the $705-million-dollar business.

Spark will move its data centre assets and operations into a new stand-alone company.

Devon Funds Head of Retail Greg Smith explains what this could mean for the business.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

10367 episodes

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