Movement Alert|Blue Owl Capital Inc. Falls 5.05% in Regular Trading, Asia-Pacific Data Center Asset Valuation Significantly Below Expectations

Market Focus
Sep 24

On September 24, Blue Owl Capital Inc. fell 5.05% in regular trading, trading at $9.095/share, with turnover of approximately $41.78 million.

On the news front, a consortium formed by BlackRock's AI infrastructure partnership and IFM Investors has entered exclusive negotiations to acquire Blue Owl's Stack Infrastructure Asia-Pacific data center portfolio. The deal is valued at $20 billion to $25 billion, a steep discount to the over $30 billion valuation Blue Owl originally sought, representing a 17% to 33% markdown from the initial asking price. The prospect of a below-expectation asset sale constitutes a clear negative catalyst.

Adding to the pressure, Blue Owl's junior loan to specialty manufacturer Loparex could be entirely wiped out in a roughly $1 billion restructuring led by Monarch Alternative Capital and General Atlantic, further intensifying concerns over asset quality. Blue Owl would receive only a small equity stake in return, according to reports.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10