Cordiant Digital Infrastructure Limited (LSE:CORD) entered into binding agreement to acquire Certain assets constituting full operational platform of DataGryd Datacenters LLC for $74 million on January 5, 2022. Under the terms of agreement, consideration is subject to post-closing working capital price adjustment. In a related transaction, Cordiant Digital Infrastructure Limited (LSE:CORD) signed a binding agreement to acquire Multi-asset digital infrastructure business of Emitel S.A. on January 5, 2021. Post completion of the acquisition, the data center will operate under a new brand name reflective of both its strategic positioning and significant growth potential in this important interconnect market. The DataGryd acquisition will be fully funded from the Company's available cash resources. The acquisition is subject to landlord's lender consent. Post closing of the acquisition, our existing portfolio company, and provide an attractive combination of highly cash generative operational assets with long-contracted revenue streams and compelling growth opportunities through building out the platforms.

Tom Skinner and Lucy Lewis of Investec Bank plc and Stuart Klein and Gaudi Le Roux of Jefferies International Limited acted as joint broker in the transaction.

Cordiant Digital Infrastructure Limited (LSE:CORD) completed the acquisition of Certain assets constituting full operational platform of DataGryd Datacenters LLC on January 14, 2022.