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SoftBank Expands AI Portfolio with DigitalBridge Acquisition – Merger Arbitrage Mondays

  • January 5, 2026

DigitalBridge Group, Inc. (DBRG): $15.38

Market Cap: $2.81B

Deal Value: $4B

SoftBank Group entered a merger agreement on December 29, 2025, to acquire digital infrastructure investor DigitalBridge Group in an all-cash deal valued at $4 billion, as the Japanese investment firm seeks to deepen its AI-focused portfolio. The deal would give SoftBank greater exposure to digital infrastructure as it shifts its focus toward artificial intelligence.

Under the agreement, SoftBank Group will indirectly acquire all outstanding common stock of DigitalBridge for $16 per share in cash, representing a premium of 14.94% to the stock’s last close. The transaction is expected to close in the second half of 2026. The deal implies a spread of 4.07%, with an annualized return of approximately 4.1%.

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