2023-07-13 06:11:14 ET
- China Merchants Capital Holdings has made an offer to acquire all of the outstanding shares of Chindata Group Holdings ( NASDAQ: CD ) for $4.6/share or $9.2/ADS in cash.
- Bain Shareholders who own 87.39% of the total voting power of the Company do not intend to sell any shares owned by them.
- The special committee has been formed to consider and evaluate all options for maximizing shareholder value with the assistance of the special committee’s independent financial and legal advisors.
- Source: Press Release
For further details see:
Chindata announces receipt of 'Take Private' proposal