Chindata says Bain will not sell stake after CMC bid

Chindata group

13/07/2023 11:08

July 13 (Reuters) - Chindata Group Holdings said on
Thursday Bain Capital, its largest shareholder, did not intend
to sell any of its shares in the data center operator.
    This comes after China Merchants Capital (CMC) Holdings
offered to acquire the company for $9.2 per American Depostiary
share.

 (Reporting by Akash Sriram in Bengaluru; Editing by Shinjini
Ganguli)
 ((Akash.Sriram@thomsonreuters.com; @HoodieOnVeshti on Twitter;
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