03:36 AM EDT, 04/29/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Tuesday its managed infrastructure funds will acquire the European colocation business developed and managed by STACK Infrastructure in a carve-out transaction.

Financial terms were not disclosed.

STACK Infrastructure is a portfolio company of Blue Owl Digital Infrastructure Advisors.

The colocation business comprises seven data centers in Stockholm, Oslo, Copenhagen, Milan and Geneva, Apollo said. The deal is subject to regulatory approvals.