SoftBank Group (SFTBY) is in advanced discussions to acquire DigitalBridge (DBRG), Ryan Gould and Josh Sisco of Bloomberg reported, citing people familiar with the matter. The Japanese conglomerate reportedly could announce an agreement as soon as Monday for DigitalBridge. Terms of the transaction were not disclosed.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFTBY:
- AI Daily: Alphabet to acquire Intersect in $4.75B deal
- OpenAI Margins Soar to 70% as SoftBank Rushes to Fund $22.5 Billion Bet
- SoftBank races to complete $22.5B funding to OpenAI, Reuters says
- SoftBank Offloads Nvidia, T-Mobile Stock to Back $22.5 Billion OpenAI Investment
- SoftBank weighs deal for data center operator Switch, Bloomberg reports
