financetom
Business
financetom
/
Business
/
Rick Perry's data center REIT raises $682 million in US IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rick Perry's data center REIT raises $682 million in US IPO
Sep 30, 2025 3:57 PM

(Reuters) -Fermi, a data center real estate investment trust co-founded by former U.S. Energy Secretary Rick Perry, said on Tuesday it has raised $682.5 million in its initial public offering in the United States.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Lyft Piloting Shared Rides at US Airports Amid Rising Travel Costs
Market Chatter: Lyft Piloting Shared Rides at US Airports Amid Rising Travel Costs
May 26, 2025
03:13 PM EDT, 05/19/2025 (MT Newswires) -- Lyft ( LYFT ) is reviving shared rides at US airports amid rising travel-related costs, Bloomberg reported Monday, citing a company spokesperson. Lyft ( LYFT ) is piloting pooled rides at airports in Austin, Boston, Chicago, Denver, Los Angeles, Las Vegas, New Orleans, and San Francisco, a company spokesperson told the news outlet,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US Commerce Secretary Lutnick transfers Cantor Fitzgerald stakes to children
US Commerce Secretary Lutnick transfers Cantor Fitzgerald stakes to children
May 26, 2025
May 19 (Reuters) - Wall Street firm Cantor Fitzgerald said on Monday that U.S. Commerce Secretary Howard Lutnick agreed to transfer his stake in the firm to his children and a group of investors, and divested assets in two subsidiaries, complying with his U.S. government ethics agreement. Lutnick, who led the U.S. financial services empire for over three decades, will...
Market Chatter: Ant Group's International Arm Said to Generate Nearly $3 Billion in Annual Revenue
Market Chatter: Ant Group's International Arm Said to Generate Nearly $3 Billion in Annual Revenue
May 26, 2025
02:33 PM EDT, 05/19/2025 (MT Newswires) -- Ant International, the international division of Alibaba Group ( BABA ) -backed Ant Group, generated almost $3 billion in annual revenue in 2024 ahead of its proposed spinoff from the group, Bloomberg reported Monday, citing people familiar with the matter. Ant Group plans to list its Singapore-based international arm on the Hong Kong...
Copyright 2023-2026 - www.financetom.com All Rights Reserved