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Radius Global Infrastructure Taken Private By EQT And PSP

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Radius Global Infrastructure, Inc. (RADI) announced Thursday the completion of its approximately $3.0 billion acquisition by the EQT Active Core Infrastructure Fund and the Public Sector Pension Investment Board.

Under the terms of the merger agreement, which was approved by Radius stockholders at a special meeting held on June 15, 2023, Radius stockholders will receive $15.00 in cash per share of Radius common stock.

As a result of the completion of the Acquisition, Radius is now privately held and its common stock has ceased trading on the NASDAQ.

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