Announced
Completed
Financials
Tags
Cross Border
Private Equity
Friendly
Digital Services
big data
colocation services
information technology
China
Acquisition
Majority
Single Bidder
Privatisation
Public
Completed
Synopsis
Bain Capital, a private investment firm, completed the acquisition of the remaining 57.8% stake in Chindata, a carrier-neutral hyperscale data center solution provider, for $1.8bn. Bain Capital paid $4.30 per ordinary stock and $8.60 per American depositary share. The offer representsed a 7.5% increase from the proposed purchase price when the firms first templated a takeover.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.