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FTAI Infrastructure to Acquire DRUbit for $255 Million; Assumes About $190 Million Debt

FTAI Infrastructure, through subsidiary Drub, signed a deal to acquire DRUbit at a $255 million enterprise value, with the price adjusted for cash, debt, working capital and expenses. About $190 million of DRUbit term debt is expected to remain outstanding at closing unless repaid. To support the t…

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