8-KOther EventsExhibits & Filings

DIGITAL REALTY TRUST, INC. 8-K Report, Corporate Update (Mar 9, 2020)

Filed March 9, 2020For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

Digital Realty Trust, Inc. (DLR) has announced a significant development in its acquisition of InterXion Holding N.V. (INXN). As of March 9, 2020, DLR's indirect subsidiary, Buyer, has accepted tenders representing approximately 83.3% of the outstanding INXN shares through its exchange offer. This substantial acceptance rate indicates strong shareholder support for the transaction and moves DLR closer to completing its acquisition of InterXion. The company has also initiated a subsequent offering period, which will conclude on March 12, 2020. This period allows remaining INXN shareholders the opportunity to tender their shares. The successful completion of this acquisition is expected to enhance DLR's market position and expand its global data center footprint, a key strategic objective for the company.

Key Highlights

  • 1DLR's exchange offer for InterXion (INXN) shares has received a strong response, with approximately 83.3% of outstanding INXN shares tendered.
  • 2A subsequent offering period for the exchange offer has commenced and will expire on March 12, 2020, providing a final opportunity for INXN shareholders to participate.
  • 3The high acceptance rate suggests significant progress towards the completion of DLR's acquisition of InterXion.
  • 4This acquisition is a key strategic move for DLR, aiming to expand its global data center portfolio.
  • 5The company has filed a press release dated March 9, 2020, detailing the status of the exchange offer, which is incorporated by reference.
  • 6DLR reminds investors that detailed information regarding the transaction is available in previously filed documents, including the Form S-4 Registration Statement and Schedule TO.

Frequently Asked Questions

This 8-K filing provides an update on the status of Digital Realty Trust, Inc.'s (DLR) exchange offer to acquire InterXion Holding N.V. (INXN). Specifically, it announces that DLR's subsidiary has accepted a significant portion of tendered INXN shares and has commenced a subsequent offering period.

As of March 9, 2020, DLR's subsidiary has accepted tenders for 64,732,624 INXN shares, representing approximately 83.3% of the outstanding INXN shares on a fully-diluted and as-converted basis.

The subsequent offering period for the exchange offer expires at 12:01 a.m., New York City time, on March 12, 2020.

Investors can find more detailed information in DLR's previously filed Registration Statement on Form S-4, the Tender Offer Statement on Schedule TO, and InterXion's Solicitation/Recommendation Statement on Schedule 14D-9, as well as other relevant filings available on the SEC's website or DLR's investor relations website.