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home / news releases / chindata group hires advisor to asses takeover offer

CD - Chindata Group hires advisor to asses takeover offer

Chindata Group Holdings Limited

2023-06-20 09:53:09 ET

  • Chindata Group ( NASDAQ: CD ) said the special committee of the company's board retained Citigroup to act as a financial adviser following a previously announced takeover offer this month.
  • Chindata ( CD ) retained Citigroup Global Markets Asia Limited as its independent financial advisor and Gibson, Dunn & Crutcher as its U.S. legal counsel, according to a statement on Tuesday.
  • Chindata ( CD ) announced earlier this month that it received a non-binding proposal letter from Bain shareholders for $8 per ADS.

For further details see:

Chindata Group hires advisor to asses takeover offer
Stock Information
Company Name: Chindata Group Holdings Limited
Stock Symbol: CD
Market: NASDAQ
Website: chindatagroup.com
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