Announced
Financials
Sources
Tags
Data Centers and Hosting
Acquisition
Majority
data center
Domestic
Friendly
Pending
China
Public
Synopsis
The Hina Group, an investment banking firm, and Industrial Bank, a joint-stock commercial bank, offered to acquire VNET Group, an operator of data center business, for $800m. “There can be no assurance that any definitive offer will be made, that any agreement will be executed or that the proposed transaction or any other transaction will be approved or consummated,” VNET.
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