Market Chatter: TPG in Talks to Buy UK Data Center Operator Ark for $5 Billion

10:38 AM EDT, 10/28/2026 (MT Newswires) -- TPG (TPG) is negotiating a potential acquisition of UK-based Ark Data Centres from Elliott Management at a valuation of roughly $5 billion, the Financial Times reported Wednesday, citing people familiar with the matter. The negotiations are ongoing, but a deal is not guaranteed, according to the report. Ark operates 27 data centers across the UK and Belgium, the report added. TPG didn't immediately respond to a request for comment by MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 44.51, Change: -0.07, Percent Change: -0.17