Bain Capital sells China data center business for $4bn
Sold to consortium led by Chinese manufacturing company
News - China, Bain Capital
The latest news from the AI, data center, telco, chip, and cloud sector
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Bain seeking buyer for ChinData’s Chinese operations – report
Deal could value data center firm at $4.2 billion
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Chindata to build 1.2GW cluster in Ningxia, north-central China
Details unclear
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Chinese data center operator Chindata Group considers $2.8bn loan - report
Bain-backed Bridge Data Centres parent to double down on Malaysia
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Bain seeks backers for Chinese data center operator ChinData - report
The company only went private last year
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Bain to take ChinData private in $3.16 billion deal
Deal to close by Q4 of 2023 or Q1 2024
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Bain refuses to sell ChinData to China Merchants
Investment firm tells operator it intends to focus on own take-private deal
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China Merchants counters Bain’s ChinData acquisition offer with $3.4 billion bid
Bidding war begins for Chinese operator
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Bain bids to take ChinData private
Investment firm looks to reclaim stake it floated in 2020
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China Merchants Group mulling bid for ChinData – report
Joins Vnet as target of potential bidding
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ChinData Group CEO steps down immediately
Reason not given
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ChinData launches 50MW Chinese data center
The data center will serve the company's main tenent, ByteDance
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ChinData files for IPO: 81.6% of revenue comes from ByteDance
But it hosts Douyin, not TikTok
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ChinData plans $400m US IPO, say sources
Big bucks for Bain-backed builder?
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SK Holdings reportedly takes 8.9% stake in ChinData
Valuing the business at $3.1 billion
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Report: Bain plans IPO for ChinData
Could raise $500 million, according to Bloomberg
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China’s Wangsu Science sells data center unit to Bain Capital for $146m
The sale will net the investor nine data centers across China