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According to Bloomberg, Chindata Group (CD) received preliminary takeover interest

  • April 22, 2022


StockChindata Group Holdings LimitedSymbolCD
Date Announced04/22/2022Source Bloomberg
TypeUnsolicited BidAcquiring Company/Person GDS Holdings Ltd.

Chindata Group Holdings Ltd., (CD) a Chinese data center company backed by private equity firm Bain Capital, has received preliminary takeover interest from other firms in the industry. Shanghai-based GDS Holdings Ltd. (GDS) is considering a bid to combine with Chindata, Rivals like EdgeConneX, backed by private equity firm EQT AB, could also weigh potential bids for the company, according to people familiar with the matter.

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