DigitalBridge is said to explore options for Malaysia’s Aims Data Centre

[HONG KONG] DigitalBridge is considering options for Malaysia’s Aims Data Centre, including raising funds, bringing in new investors or an outright sale, according to sources with knowledge of the matter.

The US-based digital infrastructure firm is working with a financial adviser and has reached out to prospective investors to gauge interest, the sources said, asking not to be identified because the process is private. A transaction could value Aims at about US$2 billion, the sources said.

Deliberations are ongoing and New York-listed DigitalBridge may decide against a transaction, the sources said.

A representative for DigitalBridge declined to comment. Aims did not immediately respond to a request for comment.

Boca Raton, Florida-based DigitalBridge invests in infrastructure such as data centres, cell towers and fibre networks, and had about US$119 billion in assets under management at the end of March. The company is in the process of being acquired by SoftBank for about US$3 billion.

DigitalBridge bought 49 per cent of Aims’ ordinary shares and all of its irredeemable convertible preference shares, as well as 21 per cent of Aims Data Centre (Thailand), in a deal that closed in 2023 and valued Aims at about US$775 million. BLOOMBERG