Inactive Instrument

Chindata Group Holdings Limited

CD

US16955F1075

Bain Capital offers to buy data center provider Chindata

June 07, 2023 at 06:25 am EDT

June 7 (Reuters) - Chindata said on Wednesday that Bain Capital has offered to buy shares of the Chinese data center provider it does not already own for $8 per American depositary share. (Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	TOPIX INDEX	2,686 PTS	+0.86%	+2.29%	-
	BAIN CAPITAL SPECIALTY FINANCE, INC.	16.47 USD	+0.80%	+4.51%	1.06B

Latest news about Chindata Group Holdings Limited

Chindata Group Closes Going-Private Deal With BCPE Chivalry Bidco	Dec. 19	MT
Chindata Group Holdings Limited(NasdaqGM:CD) dropped from NASDAQ Composite Index	Dec. 18	CI
Chindata Group Holdings Limited(NasdaqGS:CD) dropped from S&P Global BMI Index	Dec. 18	CI
Bain Capital Investors, LLC completed the acquisition of the remaining 57.83% stake in Chindata Group Holdings Limited (NasdaqGS:CD) from APG Asset Management NV and others in a going private transaction.	Dec. 17	CI
Chindata Group Holdings Shareholders Approve Go-Private Deal But Cetain Closing Condition Not Satisfied	Dec. 04	MT
Bain Capital raises $7.1 bln in largest pan-Asia PE fund this year	Nov. 20	RE
Social Buzz: Wallstreetbets Stocks Mostly Down Premarket; Apple Poised to Decline, Eversource Energy to Rise	23-09-05	MT
Chindata Group's Q2 Earnings, Revenue Rise	23-08-31	MT
Transcript : Chindata Group Holdings Limited, Q2 2023 Earnings Call, Aug 31, 2023	23-08-31
Chindata Group Holdings Limited Reiterates Earnings Guidance for the Full Year of 2023	23-08-31	CI
Chindata Group Holdings Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-31	CI
Chindata Group Holdings Launches Full-Stack Offering for High-Computational Servers	23-08-24	MT
Chindata Group Holdings Limited Unveils Pioneering Full-Stack Solutions for Hyperscale Data Centers, Bolstering Energy Efficiency and Computational Prowess in the AIGC Era	23-08-23	CI
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower	23-08-14	MT
Sector Update: Tech Stocks Gain Premarket Monday	23-08-14	MT
Sector Update: Tech Stocks Mixed Premarket Monday	23-08-14	MT
Jefferies Downgrades Chindata Group to Hold From Buy, Adjusts Price Target to $8.60 From $10.73	23-08-14	MT
Chindata Enters Definitive Agreement for $3.16 Billion 'Going Private' Deal	23-08-11	MT
Chinese data center operator Chindata to go private in $3.16 bln deal	23-08-11	RE
Chindata Group to go private in $3.16 billion deal	23-08-11	RE
Sector Update: Tech Stocks Higher Late Monday	23-08-07	MT
Sector Update: Tech Stocks Mixed Monday Afternoon	23-08-07	MT
Chindata Group Receives Preliminary Non-Binding Takeover Proposal From China Merchants Capital	23-07-13	MT
Chindata says largest shareholder Bain will not sell stake after rival bid	23-07-13	RE
China Merchants Capital Plans to Buy Chindata at $3.4 Billion	23-07-12	MT

Chart Chindata Group Holdings Limited

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Company Profile

Chindata Group Holdings Ltd is a China-based company engaged in providing hyperscale data center solutions. The Company operates two businesses which are colocation services and colocation rental. The colocation services business provides a range of services, including utilities, hosting, cooling, operating and maintaining of clients' servers and equipment. The colocation rental business is involved in renting data center space to the clients in Malaysia and the space is used for housing servers and other IT equipment.

Sector

IT Services & Consulting

Calendar

2024-05-15 - Q1 2024 Earnings Release (Projected)

More about the company

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