Berkshire buys major stake in Teraco

[Jamie McKane]

Berkshire buys major stake in Teraco

Berkshire Partners LLC acquired a stake in Teraco Data Environments Pty Ltd., becoming the biggest shareholder in Africa’s largest data-center to capitalize on growing demand for internet and cloud-based services on the continent.

The Boston-based private-equity firm is sweeping in on Johannesburg-based Teraco as technology plays a more integral part in the life of consumers and businesses.

 

[AdrianS]

I wonder if the overseas ownership will influence local customers?

 

[wingnut771]

I wonder if the overseas ownership will influence local customers?

Probably.