MARA completes purchase of majority stake in French data center unit

• Last August, Bloomberg reported MARA would pay $168 million in cash to secure a 64% stake in Exaion from EDF Pulse Ventures.

Article Summaries:

• MARA has finalized its acquisition of a majority stake in the French data‑center unit Exaion, previously owned by EDF Pulse Ventures. The transaction, announced last August, involved a cash payment of $168 million for 64 % of Exaion’s shares. The deal marks MARA’s expansion into European data‑center infrastructure, adding a sizable French asset to its portfolio. No further financial terms or operational changes were disclosed, and the transaction is expected to close shortly, subject to standard regulatory approvals.

Sources:

• https://www.theblock.co/post/390668/mara-completes-purchase-of-majority-stake-in-french-data-center-unit?utm_source=rss&utm_medium=rss