WebMay 11, 2024 · Boca Raton, Florida-based DigitalBridge and Australian infrastructure investor IFM Investors are teaming up to take Las Vegas-based Switch private for … WebMay 11, 2024 · Beating out a bid from Brookfield Asset Management. US data center company Switch is to be taken private in an $11 billion deal. The company has entered …
DigitalBridge to Buy Data-Center Firm Switch for $8.4 Billion
WebMay 11, 2024 · As a result, Switch Inc is being valued by DigitalBridge and IFM at ~31x 2024E EBITDA and ~27.5x 2024E EBITDA. In terms of timing, the parties expect the … WebMay 12, 2024 · DigitalBridge Group agreed to acquire Switch, a leading colocation data center operator, for $34.25 per share in an all-cash transaction valued at approximately $11 billion, including the assumption of debt. Switch, which was founded in 2000, operates SuperNAP data center campuses in Las Vegas, Reno, and Grand Rapids, Michigan. ibps fu
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WebMay 10, 2024 · DigitalBridge had a market capitalization of $3.31 billion, while that of Switch was $7.29 billion, according to data from Refinitiv. Reporting by Praveen Paramasivam in Bengaluru; Editing by ... WebDec 6, 2024 · BOCA RATON, Fla. & MELBOURNE, Australia & LAS VEGAS-- ( BUSINESS WIRE )--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”) and IFM Investors today announced they have completed their... WebMay 10, 2024 · May 10 (Reuters) - DigitalBridge Group Inc (DBRG.N) is nearing a deal for data-center operator Switch Inc (SWCH.N), Bloomberg News reported on Tuesday, … ibpsguide financial awareness