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Cordiant Digital Infrastructure Limited ( (GB:CORD) ) just unveiled an announcement.
Cordiant Digital Infrastructure Limited has announced regulatory approval for its acquisition of a 47.5% economic interest in DCU Invest NV, which will be combined with Proximus Group’s data centre business, DCU Brussels NV. The transactions, which are on track to complete in the first quarter of 2025, strengthen Cordiant’s position in the digital infrastructure sector and highlight its strategic focus on expanding data centre assets, potentially impacting its market presence and stakeholder interests positively.
More about Cordiant Digital Infrastructure Limited
Cordiant Digital Infrastructure Limited is a sector-focused specialist owner and operator of digital infrastructure, investing primarily in data centres, fibre-optic networks, telecommunications, and broadcast towers in Europe and North America. The company is listed on the London Stock Exchange under the ticker CORD and has raised significant equity and debt capital to fund acquisitions that align with its ‘Buy, Build & Grow’ model.
YTD Price Performance: -0.67%
Average Trading Volume: 1,293,093
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on CORD stock on TipRanks’ Stock Analysis page.
