U.S. Bancorp Buys MUFG Union Bank for $8B

The trust will focus on data center assets benefiting from the AI boom, particularly those already built and income-generating through leases with large-scale cloud and technology providers.

Private equity’s secondaries market is bigger and more liquid than ever, but as record volumes collide with rising NAV leverage, getting deals done now hinges less on price and more on approvals, compliance and execution.

The acquisition is designed to strengthen U.S. Bancorp’s capital markets offerings.