DigitalBridge Said to Weigh Sale of Finnish Tower Firm Digita

DigitalBridge Group Inc.is considering selling Finnish telecom tower and data center operator Digita Oy,people with knowledge of the matter said.

DigitalBridge is working with advisers to sound out potential buyers, said the people, who asked not to be identified as the information is private. It’s seeking a valuation of as much as €1 billion ($1.2 billion) for Helsinki-based Digita, the people said.

Deliberations are at an early stage, and DigitalBridge could decide to keep the asset for longer, the people said. A representative for DigitalBridge declined to comment, while Digita didn’t immediately respond to queries.

Digita operates a ...