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 $4 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 ...