BlackRock-led Consortium Nears $25B Deal for Stack Infrastructure Data Centers

Key Facts

1A consortium backed by BlackRock and IFM Investors has entered exclusive talks to acquire Stack Infrastructure's Asia Pacific data centers.

2The potential deal for the data center portfolio could be valued at up to $25 billion, according to Bloomberg reports.

Amid the accelerating global race to secure infrastructure for artificial intelligence, a consortium backed by BlackRock and IFM Investors has entered exclusive negotiations to acquire Stack Infrastructure's data centers in the Asia-Pacific region. According to reports, the potential deal for the data center portfolio could be valued at up to $25 billion. This move aims to expand the consortium's holdings in the high-growth digital infrastructure sector within the region.

The negotiations occur as major asset managers like BlackRock prioritize expanding their investments in alternatives and digital infrastructure. Per market data, BLK stock closed at $1060.89 (close September 23, 2026), with the share price fluctuating between a day low of $1055.94 and a high of $1073.36 during that session. This massive potential deal reflects a continuing trend of mega-cap M&A activity within the data center industry.

Investors are currently monitoring BLK's ability to maintain levels above the recent support of $1055.94, while awaiting official confirmation regarding final acquisition terms. According to the economic calendar, there are no immediate corporate catalysts scheduled for the coming days, though broader market sentiment toward infrastructure remains sensitive to macroeconomic data.