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CD - Chindata Potentially Up For Sale As M&A Heats Up In China Data Centers
April, 25 2022 06:22 AM
Chindata Group Holdings Limited
Data center operators GDS and EdgeConneX have reportedly expressed interest in making bids for Chindata. Chindata’s control by U.S. private equity giant Bain and the recent departure of its founder may make it ripe for such a buyout. At the end of the day, Chindata does look quite ripe for the picking by a larger peer due to its recent management overhaul and relatively small size. For further details see:
Chindata Potentially Up For Sale As M&A Heats Up In China Data Centers
Stock Information
Company Name:
Chindata Group Holdings Limited
Stock Symbol:
CD
Market:
NASDAQ
Website:
chindatagroup.com
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