Quzhou Industrial completed the acquisition of a minority stake in China Data Center Business from GLP for RMB2.5bn.

Synopsis

Quzhou Industrial, a state-owned enterprise, completed the acquisition of a minority stake in China Data Center Business from GLP, an investment management firm, for RMB2.5bn.

Principals

target

Glp (china Data Center Business)

bidder

Quzhou Industrial Holding Group

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Market Context

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Bidder Team (1)

junbo lin

President and Vice-Chairman at QUZHOU INDUSTRIAL HOLDING GROUP

Manager

bidder

Deal

£ 259 M

Total Value

Vendor Team (1)

ming mei

Co-Founder and CEO at GLP LTD

Manager

vendor

Deals

£ 4.20 B

Total Value

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