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.
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Chindata Group hires advisor to asses takeover offer