Overview
- Reuters, citing a person familiar with the matter, reports discussions are ongoing and a deal could be reached by year-end, with no agreement guaranteed.
- DigitalBridge shares jumped as much as 35% on Friday; the company was valued at about $1.8 billion as of the prior close.
- Both companies declined to comment on the reported discussions.
- DigitalBridge manages about $108 billion in assets across data centers, towers and fiber, with stakes in Vantage Data Centers, Zayo, Switch and AtlasEdge.
- The potential deal aligns with a broader investment wave in AI-linked infrastructure, including SoftBank’s role in the proposed $500 billion Stargate initiative.