World & BusinessFirmus reportedly expects $77 million first-half loss as it plans $5 billion IPO
Reuters, citing two people familiar with a draft prospectus, reports that the Australian data centre operator is preparing a $5 billion initial public offering to fund growth.
TLDR
Australian data centre operator Firmus expects a $77 million first-half loss while preparing for a $5 billion IPO, Reuters reports, citing two people familiar with a draft prospectus. The planned offering would fund the company’s growth.
Firmus reportedly expects $77 million first-half loss as it plans $5 billion IPO
Reuters, citing two people familiar with a draft prospectus, reports that the Australian data centre operator is preparing a $5 billion initial public offering to fund growth.
TLDR
Australian data centre operator Firmus expects a $77 million first-half loss while preparing for a $5 billion IPO, Reuters reports, citing two people familiar with a draft prospectus. The planned offering would fund the company’s growth.