Bain makes bid for ChinData
In:
Telecoms and Communications
Bain Capital has submitted an offer to take Chinese data centre operator ChinData private.The offer of $8 per share would value ChinData at around $2.93 billion. The company’s stock has been trading as low as $4.95 a share in recent months, but has risen to around $7.18 since the offer.Bain...
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