The Reuben brothers mull a £600m pay-out

David Hellier
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THE RUEBEN Brothers, owners of Global Switch, the largest wholesale carrier neutral data centre provider in Europe and Asia-Pacific, are contemplating paying themselves a £600m dividend following a credit ratings increase from Standard & Poor’s (S&P).

The BBB rating with stable outlook from S&P relates to the resilience of the business, with S&P noting the stable and predictable earnings profile and high quality of the company’s assets in the prime data centre markets in Europe and Asia Pacific.