- Interxion Issue...
Interxion Issues Statement Confirming Termination of Implementation Agreement with TelecityGroup plc
AMSTERDAM 29 May 2015 – Interxion Holding N.V. (NYSE: INXN; “Interxion”), a leading European provider of data center services, today issued the following statement in response to the announcement today by TelecityGroup plc (LSE: TCY.L.; “TelecityGroup”) and Equinix Inc. (“Equinix”) regarding the takeover offer made by Equinix for TelecityGroup.
On 9 March 2015, Interxion and TelecityGroup announced that they entered into an agreement to implement an all-share merger (the “Implementation Agreement”). As a result of the announcement of the Equinix offer for TelecityGroup, Interxion and TelecityGroup have today terminated the Implementation Agreement.
“Interxion is a leading provider of data centres throughout Europe with a focused growth strategy and a record of consistent execution,” said David Ruberg, Interxion’s Chief Executive Officer. “Supported by strong customer orders and installations, Interxion delivered revenue and adjusted EBITDA growth of 15% and 18%, respectively, in the first quarter of 2015. We continue to execute our communities of interest strategy with a disciplined investment approach focused on delivering strong returns. Our data centres are among the most highly connected in 11 countries across Europe with regards to carriers, ISPs, and major cloud platforms.”
Interxion today reaffirmed its guidance for 2015:
|Revenue||€375 million – €388 million|
|Adjusted EBITDA||€162 million – €172 million|
|Capital Expenditures (including intangibles)||€180 million – €200 million|
Interxion (NYSE: INXN) is a leading provider of carrier and cloud-neutral colocation data centre services in Europe, serving a wide range of customers through 39 data centres in 11 European countries. Interxion’s uniformly designed, energy efficient data centres offer customers extensive security and uptime for their mission-critical applications. With over 500 connectivity providers, 20 European Internet exchanges, and most leading cloud and digital media platforms across its footprint, Interxion has created connectivity, cloud, content and finance hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com.
Joele Frank, Wilkinson Brimmer Katcher
Matthew Sherman, Mahmoud Siddig
Forward-looking Statements / Additional Disclaimers
This communication contains forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results and future events to differ materially from Interxion’s expectations are the risks detailed herein and other risks described from time to time in Interxion’s filings with the United States Securities and Exchange Commission.
Interxion does not assume any obligation to update the forward-looking information contained in this report.