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Telecity Plans AIM IPO

Telecity Group (f.k.a. TelecityRedbus), a pan-European data center operator, plans to raise Gbp130 million via an IPO of London's AIM. Telecity shareholders include 3i Group, Oak Hill Capital Partners, Sputnik Group, UK2 Group, Pogan Invest Corp. and Butterfield Trust. www.telecitygroup.com