August 7, 2022

Digital 9 will pay £460m for a 48% stake in the network provider

By Najiyya Budaly (June 27, 2022, 2:44 PM BST) – Digital 9 Infrastructure announced on Monday that it will pay approximately £459 million ($563 million) for a 48% stake in the UK-based network service provider. United Kingdom Arqiva Group of Canada Pension Plan.

Digital 9 Infrastructure PLC, which is listed on the Main Market in London, has announced that it will acquire 48.02% of the voting shares of Arqiva Group Ltd. for £300m in cash and a seller loan of £159.3m. The note represents the element of the purchase price that the seller has agreed to defer.

The digital investment trust will acquire the stake from the Canada Pension Plan Investment Board, which first acquired a stake…

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