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ACS Prices Share Sale at €125, Raising €679 Million to Accelerate Data‑Center Push

The move forms part of a €1.8 billion package that frees cash to build digital infrastructure.

Overview

  • ACS, which closed its accelerated share sale Tuesday, set the price at €125 per share and raised €679 million in a deal run by BofA, CaixaBank and Société Générale.
  • Criteria invested €509.3 million for 4,074,969 shares, while Florentino Pérez’s Rosán bought 1.2 million shares for €150 million, lifting their stakes to about 10.65% and 14.72%.
  • A parallel sale of 11.12 million shares unwound equity‑swap deals with Société Générale and CaixaBank and is set to bring in about €1.1 billion.
  • ACS says the funds will speed projects in data centers, semiconductor facilities and AI‑related infrastructure across the United States, Canada, Europe and Asia‑Pacific.
  • The 5,433,291 new shares equal about 2% of pre‑issue capital, will start trading Wednesday, and are covered by a 90‑day lock‑up for ACS, Rosán and Criteria.