- DigitalBridge Group, Inc DBRG is reportedly considering the sale of a minority stake in Vantage Data Centers, a global provider of hyperscale data center campuses.
- The deal could raise over $1.5 billion for the infrastructure specialist, Bloomberg reports citing familiar sources.
- DigitalBridge is working with UBS Group AG UBS to gauge buyer interest.
- The report added that a stake in Vantage Data Centers would likely draw interest from financial investors and other infrastructure funds.
- Vantage has 26 campuses spanning five continents, 12 countries and 18 markets, with IT capacity totaling nearly 1.5GW once all campuses are fully developed.
- Price Action: DBRG shares traded higher by 2.98% at $12.45 on the last check Wednesday.
- Photo Via Company
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