CyrusOne Stockholders Approve Acquisition by KKR and Global Infrastructure Partners

CyrusOne Inc. a premier global data center REIT, today announced its stockholders approved the previously announced merger pursuant to which funds managed by KKR, a leading global investment firm, and Global Infrastructure Partners (“GIP”), one of the world’s leading infrastructure investors, will acquire all outstanding shares of common stock of the Company. At a virtual special meeting held today, the proposal to approve the merger, the merger agreement and the other transactions contemplated by the merger agreement was approved by 78.41% of the common stock outstanding and entitled to vote, and more than 99.5% of the votes cast. Detailed information regarding the voting results will be made available by the Company in a Form 8-K filed with the U.S. Securities and Exchange Commission (“SEC”).

“Today’s vote and approval by CyrusOne stockholders is a reflection of the significant value and resources KKR and GIP will provide for CyrusOne and its customers as the company continues to scale globally,” said Lynn Wentworth, Chair of the CyrusOne Board of Directors. “KKR and GIP will provide resources and expertise to accelerate CyrusOne’s ability to help our customers scale their mission-critical infrastructure, and we are excited for the road ahead.”

Upon the closing of the merger, each issued and outstanding share of common stock of the Company will be converted into the right to receive $90.50 in cash in a transaction valued at approximately $15 billion, including the assumption of debt. Subject to the satisfaction of customary closing conditions, the merger is expected to close in the second quarter of 2022. The terms and conditions of the merger are further described in a Form 8-K filed with the SEC on November 15, 2021 and the Definitive Proxy Statement filed with the SEC on December 30, 2021.

About CyrusOne
CyrusOne is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The Company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1000 companies.

A leader in hybrid-cloud and multi-cloud deployments, CyrusOne offers colocation, hyperscale, and build-to-suit environments that help customers enhance the strategic connection of their essential data infrastructure and support achievement of sustainability goals. CyrusOne data centers offer world-class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demand. Combining exceptional financial strength with a broad global footprint, CyrusOne provides customers with long-term stability and strategic advantage at scale.

About KKR
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group.

About Global Infrastructure Partners
Established in 2006, GIP is one of the world’s leading specialist infrastructure investors. The funds and investment platforms managed by GIP make equity and debt investments in infrastructure assets and businesses in both OECD and selected emerging market countries, targeting investments in the energy, transport, water / waste, and digital infrastructure sectors where GIP possesses deep experience and relationships. GIP has 10 offices around the world with major hubs in New York, Stamford, London, Sydney, Hong Kong and Mumbai. GIP manages approximately US$77 billion for its investors. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people.