SK Holdings has acquired an 8.9 per cent stake in Bain Capital-backed data centre provider ChinData Group, according to a source. Photo: SK GroupSK Holdings has acquired an 8.9 per cent stake in Bain Capital-backed data centre provider ChinData Group, according to a source. Photo: SK Group
SK Holdings has acquired an 8.9 per cent stake in Bain Capital-backed data centre provider ChinData Group, according to a source. Photo: SK Group

SK Holdings pays US$300 million for stake in Bain-backed data centre provider Chindata, source says

  • Deal values Beijing-based company at US$3.1 billion, person familiar with the matter says
  • Chindata pursuing potential US initial public offering later this year

Topic |   Mergers & Acquisitions
SK Holdings has acquired an 8.9 per cent stake in Bain Capital-backed data centre provider ChinData Group, according to a source. Photo: SK GroupSK Holdings has acquired an 8.9 per cent stake in Bain Capital-backed data centre provider ChinData Group, according to a source. Photo: SK Group
SK Holdings has acquired an 8.9 per cent stake in Bain Capital-backed data centre provider ChinData Group, according to a source. Photo: SK Group
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