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DigitalBridge, L&G, TD Asset Management Agrees To Acquire VodafoneZiggo's Passive Mobile Tower Infrastructure; Financial Terms Not Disclosed
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DigitalBridge, together with L&G and TD Asset Management Inc. (TDAM), has agreed to acquire VodafoneZiggo's passive mobile tower infrastructure from Ziggo BV, a subsidiary of Ziggo Group. Subject to customary closing conditions (including regulatory approvals), the business will be acquired by DigitalBridge Strategic Asset Fund, L&G's Digital Infrastructure Fund ("LDIF") and TD Greystone Infrastructure Fund (the "Fund") and combined with Belgium Tower Partners ("BTP"), DigitalBridge's existing tower platform in Belgium.

Combining the businesses will create a new, independent tower platform across Belgium and the Netherlands, with more than 6,600 sites and a diversified customer base anchored by VodafoneZiggo and Telenet, alongside other leading mobile network operators.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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