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EQT kicks off sale of Nordic broadband and data centre business, FT reports
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EQT kicks off sale of Nordic broadband and data centre business, FT reports
Sep 20, 2025 10:41 PM

Sept 19 (Reuters) - Swedish private equity firm EQT

has launched the sale of its Nordic digital

infrastructure business GlobalConnect, at a potential valuation

of 8 billion euros ($9.43 billion), the Financial Times reported

on Friday citing unidentified sources.

EQT bought a majority stake in GlobalConnect in 2017.

Reuters could not immediately verify the report.

EQT, GlobalConnect declined to comment to the FT, and the

firms did not immediately respond to a Reuters request for

comment.

GlobalConnect manages over half of the Nordic region's

data traffic through its 244,000 km fiber network. It serves

907,000 private consumers and 30,000 business-to-business

clients across Denmark, Norway, Sweden, Germany, and Finland,

according to its website.

Goldman Sachs ( GS ) bankers have been tapped to oversee the sale

of the business, with EQT opting for a full divestment rather

than break it up, the report added.

($1 = 0.8484 euros)

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