Cordiant Capital to launch digital infrastructure investment trust

Seeking £300m

David Brenchley
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Cordiant Digital Infrastructure will invest in operating digital infrastructure assets like data centres
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Cordiant Digital Infrastructure will invest in operating digital infrastructure assets like data centres

Cordiant Capital has targeted a £300m raise for a digital infrastructure investment trust, as it looks to "capitalise on the surging growth in data consumption and traffic".

The investment manager will look to issue up to 300 million ordinary shares at 100p each through an initial placing and offer for subscription. Subscription shares will be issued for nil value to IPO...

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