SoftBank to pay $4 billion for data center firm DigitalBridge

(Bloomberg) — SoftBank Group Corp. (9984.T) agreed to acquire private equity firm DigitalBridge Group Inc. (DBRG) in a deal valuing the data center investor at 4billionincludingdebt.TheJapaneseconglomeratewillpay4 billion including debt. The Japanese conglomerate will pay 16 per share in cash for New York-listed DigitalBridge, the companies said in statement Monday, confirming an earlier report by Bloomberg News. The acquisition is part of SoftBank’s push to invest in the digital infrastructure fueling the artificial intelligence boom. Most Read from B ...