RBC Capital Downgrades CyrusOne (CONE) to Sector Perform Following Takeover

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Evercore ISI Downgrades CyrusOne (CONE) to In Line, Following Acquisition

November 15, 2021 12:22 PM UTC

Evercore ISI analyst Irvin Liu downgraded CyrusOne (NASDAQ: CONE) from Outperform to In Line.

For an analyst ratings summary and ratings history on CyrusOne click here. For more ratings news on CyrusOne click here.

Shares of CyrusOne closed at $85.45 yesterday.

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William Blair Downgrades CyrusOne (CONE) to Market Perform, Following Acquisition

November 15, 2021 10:24 AM UTC

William Blair analyst Jim D. Breen downgraded CyrusOne (NASDAQ: CONE) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on CyrusOne click here. For more ratings news on CyrusOne click here.

Shares of CyrusOne closed at $85.45 yesterday.

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KKR, Global Infrastructure Partners to take CyrusOne private for $11.5 billion

November 15, 2021 7:15 AM UTC

(Reuters) -KKR & Co Inc and Global Infrastructure Partners (GIP) will take U.S. data center operator CyrusOne Inc private for $11.49 billion in cash, the latest deal in a sector that has boomed during the COVID-19 pandemic.

The coronavirus-driven shift to remote work has increased the usage of cloud-based services, driving up demand for data centers that help power the digital infrastructure.

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CyrusOne (CONE) to be Acquired by KKR and Global Infrastructure Partners in $15 Billion Transaction

November 15, 2021 7:02 AM UTC

CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, KKR, a leading global investment firm, and Global Infrastructure Partners, one of the worlds leading infrastructure investors, today announced a definitive agreement pursuant to which KKR and GIP will acquire all outstanding shares of common stock of CyrusOne for $90.50 per share in an all-cash transaction valued at approximately $15 billion, including the assumption of debt.

The $90.50 per share purchase price reflects a premium of approximately 25% to CyrusOnes unaffected closing stock price on September 27, 2021, the last full trading day prior to published... More

CyrusOne (CONE) Nears Deal to Be Sold to Private Equity - DJ

November 12, 2021 1:20 PM UTC

(Updated - November 12, 2021 1:23 PM EST)

CyrusOne (NASDAQ: CONE) is nearing a deal to be sold to private equity, according to a report from Dow Jones. The deal could value it at more than $10 billion.

KKR Group and Brookfield are vying for the company.

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