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SoftBank Group said on Monday that it will buy digital infrastructure investor DigitalBridge Group in a deal worth $4 billion. The Japanese investment firm is making the move as it tries to expand its portfolio in artificial intelligence. After the news, DigitalBridge shares went up about 9.7 percent to $15.27 on Monday. The stock had already jumped 45 percent earlier this month after Bloomberg News first reported that the companies were in talks. SoftBank is offering $16 per share. That is a 15 percent premium over DigitalBridge\u2019s closing price on Friday. The offer values DigitalBridge at $2.92 billion. The deal is expected to be completed in the second half of […]<\/p>\n","protected":false},"author":7,"featured_media":26064,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"wprm-recipe-roundup-name":"","wprm-recipe-roundup-description":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[186,208,1,198,211,237,206,85],"tags":[218,10479,240,10480,1307,101,10481,641,105,106,2405],"ppma_author":[572],"class_list":{"0":"post-26041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ai","8":"category-apac","9":"category-fintech","10":"category-investments","11":"category-japan","12":"category-news","13":"category-regional","14":"category-tech","15":"tag-ai","16":"tag-ai-investment-strategy","17":"tag-artificial-intelligence","18":"tag-cell-towers","19":"tag-data-centers","20":"tag-digital-infrastructure","21":"tag-fiber-networks","22":"tag-investment","23":"tag-itbusinesstoday","24":"tag-news","25":"tag-softbank-group"},"yoast_head":"\n
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