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SoftBank in talks to buy DigitalBridge in AI push, asset manager's shares rise 45% in single day — Inside the deal

SoftBank Group is mulling another acquisition, as the Masayoshi Son-led company is in talks to buy DigitalBridge Group Inc., Bloomberg reported quoting people familiar with the matter. DigitalBridge is a private equity company that invests in assets including data centres and SoftBank's talks come at a time when the Japanese company is ramping up its goal to take advantage of an AI-driven boom in digital infrastructure. SoftBank is reportedly in talks to make a potential deal to buy the New York-listed DigitalBridge and then taking it private, the people told Bloomberg.

SoftBank in talks to buy DigitalBridge in AI push, asset manager's shares rise 45% in single day — Inside the deal

Credit: Livemint

Key Highlights

  • According to a report by Reuters quoting a person in the know, the deal is likely to be finalised by the end of this year.
  • A SoftBank-DigitalBridge deal could come together as soon as the coming weeks, even as deliberations are ongoing and there is no certainty they will lead to an agreement, Bloomberg said in its report.
  • Investors have funnelled record capital into digital infrastructure this year, wagering that growing power demand will turn data centres into prime real estate.
  • McKinsey projects spending on AI-linked infrastructure could reach $6.7 trillion by 2030.
  • SoftBank and DigitalBridge have not released any official communication on the matter yet.
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Sources

  1. SoftBank in talks to buy DigitalBridge in AI push, asset manager's shares rise 45% in single day — Inside the deal

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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