Vnet founder makes U-turn on acquisition offer for company
Company to stay publically listed
Company to stay publically listed
Claimed that company directors failed to disclose information that impacted its share price
Two Shandong subsidiaries take 42 percent stake in Chinese firm
Revenue slightly increases for most, NextDC and GDS see net losses
Bidder list includes Hina Group & Industrial Bank Co, MBK, and company founder Sheng Chen
Announcement comes after Samuel Yuan-Ching Shen resigns due to ‘personal reasons’
Third acquisition offer for the Chinese operator
All three growing quickly, even if profit is hard to come by
Private equity firm looking to compete with bid from Hina Group & Industrial Bank Co
But Vnet could be set to go private
The Hina Group and Industrial Bank Co., Ltd. make offer for Chinese data center firm
Investment firm pumps more funds into Chinese data center firm previously known as 21Vianet
Company and mystery wealth fund to invest $785.6 million
Chindata scores Tencent as a new partner