Bain Capital completed the acquisition of the remaining 57.8% stake in Chindata for $1.8bn.

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.