DigitalBridge explores options for Malaysia’s Aims at $2 billion
What's new: The review includes fundraising, bringing in new investors or an outright sale as SoftBank moves to buy DigitalBridge.
DigitalBridge is weighing strategic options for Malaysia’s Aims Data Centre that could value the business at about $2 billion, including a capital raise, a new investor or a full sale. The US digital infrastructure firm is working with a financial adviser and has approached prospective investors to test interest, though the process is still private and may not lead to a deal. DigitalBridge, based in Boca Raton, Florida, had about $119 billion in assets under management at the end of March and is itself being acquired by SoftBank for about $3 billion. In 2023, it bought a 49% stake in Aims and all of its irredeemable convertible preference shares, plus a 21% stake in Aims Data Centre Thailand, in a deal that valued Aims at about $775 million.