DIGITALBRIDGE GRP. DL-,01 Aktie

The DigitalBridge Group, through an investment vehicle it manages, has reached an agreement to acquire PLUS ES. PLUS ES manages around 2 million smart meters and provides metering and data services as an accredited metering provider in Australia’s national electricity market. The completion of the transaction is subject to customary conditions and regulatory approvals; the purchase price was not disclosed. » More on de.investing.com

Digitalbridge Group’s stock rose to a new 52-week high of $15.95 and shows a year-to-date gain of 41.98%. The company has a market capitalization of $3.03 billion and trades at a P/E of 10.02; InvestingPro rates the stock close to its fair value. Digitalbridge announced plans to acquire ArcLight Capital Partners for up to $1.05 billion, contingent on the completion of the announced acquisition by a SoftBank subsidiary. Digitalbridge also strengthened its investment management team with the appointments of Brent Mayo and Nicholas Beatty. » More on de.investing.com

The stock climbed to a 52-week high of $15.93, implying a market capitalization of about $2.99 billion; the price rose 52.93% over the last year. The company announced the acquisition of ArcLight Capital Partners for up to $1.05 billion (a $650 million base price plus up to $400 million contingent consideration) and placed securitized financing notes totaling $400 million. DigitalBridge also reported personnel additions in its investment and operating divisions; InvestingPro currently rates the stock as overvalued but cites a PEG of 0.49. » More on de.investing.com