SK Holdings completed the acquisition of a 8.9% stake in Bain Capital-backed Chindata for $300m.

SK Holdings, a holding company that operates refineries, chemicals, telecommunications, oil exploration, and transportation, completed the acquisition of a 8.9% stake in Bain Capital-backed Chindata, a digital real estate operator to take pan-Asian emerging markets, from BCPE Bridge Cayman and Datalake for $300m. “We have devoted ourselves to satisfying the needs of the most ambitious and forward-looking enterprises in the world with cutting-edge technology and our carrier-neutral, all-adaptive, flexible and scalable data centre solutions, thus keeping them maintaining excellence," Alex Ju, Chindata Founder and Chief Executive.