Blackstone invests $150m in China's 21Vianet
The Blackstone Group has invested $150 million in 21Vianet, a US-listed Chinese data center developer backed by Singapore’s Temasek Holdings.
It will make Blackstone one of 21Vianet’s largest institutional shareholders, according to a release. The stock has gained 25% since confirmation of the investment, closing at $21.52 on June 22 to give...
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