Overview
- Bloomberg reported that negotiations are advanced but not final, with no disclosed terms and timing that could still change.
- DigitalBridge manages about $108 billion across data centers, edge infrastructure, fiber and towers, including stakes in DataBank, Switch, Vantage Data Centers and Yondr Group.
- DigitalBridge shares jumped in premarket trading on Monday following the takeover report.
- A potential deal would build on SoftBank’s purchase of Fortress Investment Group as it targets AI-related digital infrastructure.
- Representatives for SoftBank and DigitalBridge did not immediately respond to requests for comment.