DigitalBridge completes $805M acquisition of Telenet's tower assets in Belgium

DigitalBridge Group, Inc.

Acquired 100% of TowerCo (Telenet Newco NV) for ~$805M cash, excluding transaction expenses.
Prior to closing, a third-party investor contributed ~$215M to an indirect parent of Purchaser to partially fund the deal.
The acquisition includes mobile passive infrastructure and tower assets from Telenet Group Holding NV.
The deal was previously announced on March 25, 2022, and closed on June 1, 2022.

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