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Superloop seals assets sale to Columbia Capital, DigitalBridge

The company said the divestment, at a 30% premium to the carrying value of the associated assets, strengthens its balance sheet and opens up new pathways for growth.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

May 04, 2022 | 2:42 AM BST

Superloop seals assets sale to Columbia Capital, DigitalBridge

Paul Tyler, CEO and Managing Director of Superloop. Source: Superloop

The Tech Capital

Superloop (ASX:SLC) has announced the completion of the sale of Superloop (Hong Kong) Limited and select assets from Superloop (Singapore) Pte Ltd to Columbia Capital and DigitalBridge Investment Management.

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João Marques Lima

Founder and Editor, The Tech Capital

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