TPG pursues $5 billion acquisition of British data centre group Ark, FT reports

Oct 28 (Reuters) – Global alternative asset manager TPG is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of about $5 billion, the Financial Times reported on Wednesday, citing people familiar with the matter. Here are some details: • Discussions are ongoing, although a deal was not guaranteed, the newspaper said • Reuters could not verify the…