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IMCO to invest up to $450m in DataBank

DigitalBridge closed the first stage of the US$1.5 billion recapitalisation of DataBank at the end of August 2022 with investors coming forward to take a stake in the business.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

October 04, 2022 | 1:23 AM BST

IMCO to invest up to $450m in DataBank

Rossitsa Stoyanova, Chief Investment Officer, IMCO. Source: IMCO

Canada's Investment Management Corporation of Ontario (IMCO) has signed an agreement to invest up to US$450 million in edge infrastructure operator DataBank.

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João Marques Lima

Founder and Editor, The Tech Capital

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