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Report: Equinix in talks to buy Axtel's data centers in Mexico for $200M

Equinix Inc. is in a late stage of discussions to acquire Axtel SAB de CV's data centers for approximately $200 million as part of its expansion plan in Mexico, Bloomberg News reported, citing people with knowledge of the matter.

The data center real estate investment trust could soon disclose a transaction for a majority interest in the Mexican telecom firm's data center business, the unnamed sources told the news outlet.

The ALFA SAB de CV unit aims to retain a minority stake in the business, the sources added.

Bloomberg could not get a comment on the matter from the involved parties.