DigitalBridge and IFM buy switch from data center company for $11 billion

DigitalBridge Group Inc. buys Switch Inc., a data center company, for $11 billion, the latest digital asset acquired by the investment firm.

DigitalBridge is partnering with an affiliate of infrastructure investor IFM Investors to acquire Switch for $34.25 per share. The deal includes debt assumption and is expected to close in the second half of this year.


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