Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
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EQT, PSP to buy Radius Global Infrastructure in $3 billion cash deal
At the same time, Radius has posted a Gross Profit increase of 27% for 2022 and set US$400 million aside for acquisitions in 2023.
By TTC Newsroom
6 Mins
March 02, 2023 | 10:23 AM GMT
Radius Global Infrastructure, Inc. (NASDAQ: RADI), EQT, and Public Sector Pension Investment Board (“PSP”) have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for US$15.00 per share in cash, representing a total enterprise value of approximately US$3.0 billion.
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