Brookfield Corporation (TSX:BN) entered into an asset purchase agreement to acquire Four Data Centers from Digital Realty Trust, Inc. (NYSE:DLR) for approximately $280 million on November 1, 2023. Simultaneously, Cyxtera (OTC: CYXTQ) (?the Company?), today announced that it has entered into an assetpurchaseagreement (?APA?) under which Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively ?Brookfield?), will acquire substantially all of Cyxtera?s assets for $775 million. The full terms of the APA have been filed with the U.S. Bankruptcy Court for the District of New Jersey.

The hearing to approve the Company?s Chapter 11 plan and transaction with Brookfield is scheduled for November 16, 2023. In addition to court approval, the APA is subject to regulatory approval and customary closing conditions. The transactions are anticipated to close simultaneously in early 2024.

Weil, Gotshal & Manges LLP acted as a legal advisor and Evercore acted as a financial advisor to Digital Realty on the transaction.