Bain agrees $3.1b Chindata take-private
Bain Capital has agreed to acquire US-listed data centre operator Chindata Group for an equity value of USD 3.16bn, which will lead to the privatisation of a business it took public less than three years ago.
The private equity firm will pay the equivalent of USD 8.60 per American Depository Share (ADS), according to a filing. This represents a 42.6% to Chindata’s closing price on June 5, the day before Bain...
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