CD News and Press, Chindata Group Holdings Limited From 07/10/23

2023-07-10 07:50:51 ET Chindata ( NASDAQ: CD ) rose 8.3% in premarket trading after an arm of state owned conglomerate China Merchants Group made a $3.4 billion takeover offer, topping a bid from Bain Capital for the Asian data center operator. China Merchants Capital made a...

2023-07-03 14:34:31 ET The US FDA has issued a Complete Response Letter to Amneal Pharmaceuticals ( NYSE: AMRX ) for Parkinson's disease candidate IPX203. The stock is down ~5% in after-hours trading Monday. The agency said that an adequate scientific bridge was not es...

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 Limite...

BEIJING, June 20, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the special committee ...

2023-06-14 07:00:00 ET Summary Bain has offered to pay $8 per ADS for the remaining shares it doesn’t already own in Chindata, about 27% higher than the stock’s closing price the day before the announcement. The offer comes after Chindata reportedly attracted takeove...

2023-06-12 15:08:05 ET Summary Bain Capital's takeover offer for VNET Group's peer Chindata lends support to the argument that worldwide and Chinese data center markets have significant growth potential. However, the implied EV/EBITDA valuation multiple relating to Bain Capital's ...

BEIJING, June 08, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced its board of directors (the...

2023-06-07 18:09:38 ET The clock might be ticking fast on Chindata Group Holdings ' (NASDAQ: CD) tenure as a publicly traded entity. The China-based data center operator saw its share price zoom nearly 11% higher on Wednesday following the disclosure that it had received an offer to...

2023-06-07 06:17:48 ET Chindata Group Holdings ( NASDAQ: CD ) has received a preliminary non-binding proposal letter from BCPE Bridge Cayman, L.P. and BCPE Stack Holdings, L.P. to acquire all of the outstanding ordinary shares, including ADS, not already owned by the Bain Sharehol...

High Growth and High Profit, Chindata Group Announced 2023 Q1 Financial Report PR Newswire BEIJING , June 5, 2023 /PRNewswire/ -- Chindata Group, ("Chindata" or the "Company") (Nasdaq: CD), an industry leader in carrier-neutral hyperscale data center solutio...