SoftBank Completes $3.1 Billion DigitalBridge Acquisition

Has SoftBank's acquisition of DigitalBridge closed?

Yes. The merger closed on September 30, with eligible DigitalBridge common shares converted into the right to receive $16.00 per share in cash.

Orbitrum Investor Impact

Why does the DigitalBridge acquisition matter for SoftBank?

It gives SoftBank control of an asset-management platform focused on data centers, towers, fiber and other digital infrastructure that SoftBank intends to use to expand its ability to finance and scale AI infrastructure.

How much did SoftBank pay for DigitalBridge?

SoftBank said it acquired all outstanding DigitalBridge common stock for approximately $3.1 billion; the transaction was originally announced at approximately $4.0 billion of enterprise value, which is a different measure from the common-equity purchase price.

Will DigitalBridge remain independently operated?

Operationally, yes. DigitalBridge will remain a separately managed platform led by Marc Ganzi, although it is now controlled by SoftBank and its financial position and results will be consolidated by SoftBank from the acquisition date.

What happened to DigitalBridge's publicly traded common shares?

DigitalBridge common stock was removed from NYSE trading before the market opened on September 30, and former common shareholders generally retained only the right to receive the $16.00 cash merger consideration.

How was the acquisition funded?

DigitalBridge's SEC filing says the aggregate merger consideration was funded through an equity commitment from SoftBank Group Overseas GK and cash held by DigitalBridge and its subsidiaries.