Shaw Communications explores selling ViaWest: Reuters

Shaw Communications Inc is looking for a buyer for ViaWest, the U.S. data centre company it bought three years ago, sources told Reuters, as the Canadian cable company continues to shed assets it considers non-core. Shaw is hoping to fetch for ViaWest well over the US$1.2 billion it paid to acquire it in 2014 from U.S. private equity firms Oak Hill Capital Partners and GI Partners, the sources said, and is working with Toronto-Dominion Bank on an auction. Private equity firms or companies that specialize in data centres, such as Equinix Inc and Digital Realty Trust Inc, have been active buyers of assets.

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