Break it Down: NextDC moves on Asian market with mega raising

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

Australian data centre operator NextDC (ASX:NXT) is bolstering expansion plans into the Asian market with the completion of a $550 million placement, shortly after its Asia-focused competitor AirTrunk was scooped up by investment manager Blackstone for $24 billion.

Tune in to get the latest.