Update: Market Chatter: 5C Group May Go Public
MT newswire2026/09/29 18:39Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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02:39 PM EDT, 09/29/2026 (MT Newswires) -- (Updates with Brookfield Asset Management's response in the last paragraph.) Hypertec Group CEO Simon Ahdoot said Montreal-based data center firm 5C Group may go public as it ramps up its project pipeline, Bloomberg reported Tuesday. 5C was formed when Hypertec Cloud spun out of Hypertec Group and acquired 5C Data Centers in 2025, the report said. Since 2025, 5C has secured funding of over $1.4 billion, including equity financing led by Brookfield Asset Management and debt financing led by Deutsche Bank, the report said. Deutsche Bank and Brookfield declined to comment, while 5C did not 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: 44.78, Change: +0.27, Percent Change: +0.62
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