Monday, April 24, 2017

North America

Manning & Napier Advisors invests $80m buying Zayo shares, heavy data centre expansion lies ahead

Data centre and comms company builds on the announcement of several recent portfolio expansion and acquisitions. Investment management firm Manning & Napier Advisors has invested $79.73m in the acquisition of shares from data centre operator and fiber owner  Zayo Group Holdings. In total, Manning & Napier Advisors purchased 2,569,425 shares, nearly doubling the company’s stake […...