IN BRIEF: Cordiant Digital Infrastructure buys Norkring Belgie

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Cordiant Digital Infrastructure Ltd - Digital infrastructure investor - Agrees to buy Belgian operator of communication and broadcast towers, Norkring Belgie NV, from shareholders Telenor Communication II AS and Participatiemaatschappij Vlaanderen NV for €5.3 million. Chair Steven Marshall says: ‘This acquisition represents an opportunity to acquire assets and an experienced team that offers a quality near-term income proposition, provides a platform for further asset diversification in Western Europe and comes with technology and know-how that have the potential to benefit the development of CORD’s other portfolio companies.’

Current stock price: 63.40 pence, up 0.3%

12-month change: down 24%

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