financetom
Business
financetom
/
Business
/
DigitalBridge to Acquire Yondr Group
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
DigitalBridge to Acquire Yondr Group
Nov 3, 2024 12:20 PM

05:38 AM EDT, 10/28/2024 (MT Newswires) -- DigitalBridge Group ( DBRG/PJ ) said Monday it has signed a deal to acquire Yondr Group through one of its managed investment funds.

Financial terms weren't disclosed.

Yondr, a developer and operator of hyperscale data centers, will continue to operate as an independent company in DigitalBridge's ( DBRG/PJ ) portfolio, the company added.

DigitalBridge ( DBRG/PJ ) said it intends to complete the acquisition early next year.

Price: 16.95, Change: +0.09, Percent Change: +0.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved