DigitalBridge Group (DBRG) to Take JTOWER Private

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DigitalBridge to Take JTOWER Private, Acquires Majority Stake

October 21, 2024 8:30 AM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- DigitalBridge Group, Inc. (NYSE: DBRG) (DigitalBridge), a leading global digital infrastructure investment firm, announced today the successful completion of a tender offer for the common shares and the stock acquisition rights of JTOWER Inc. (JTOWER; TSE: 4485), an industry leader in the rapidly expanding Japanese digital infrastructure market. The tender offer, which commenced on August 15, 2024 and concluded on October 10, 2024, was conducted through DB Pyramid Holdings, LLC (the Offeror), a special purpose entity owned by funds managed by DigitalBridges investment management platform. The Offeror has acquired a... More