Brief: Vnet Announces $299 Mln Strategic Investment From Shandong Hi-Speed Holdings Group Limited
16/11/2023 12:03
Nov 16 (Reuters) - VNET Group Inc VNET.O :
* VNET ANNOUNCES US$299 MILLION STRATEGIC INVESTMENT FROM
SHANDONG
HI-SPEED HOLDINGS GROUP LIMITED
* VNET GROUP - SUCCESS FLOW WILL MAKE EQUITY INVESTMENT OF
US$209.3 MILLION IN CO BY SUBSCRIBING FOR 455.3 MILLION NEWLY
ISSUED CLASS A ORDINARY SHARES OF CO
* VNET GROUP - CHOICE FAITH WILL MAKE EQUITY INVESTMENT OF
US$89.7
MILLION IN CO BY SUBSCRIBING FOR 195,127,260 NEWLY ISSUED CLASS
A ORDINARY SHARES OF CO
Source text for Eikon: ID:nPn9ly2PLa
Further company coverage: VNET.O
((Reuters.Briefs@thomsonreuters.com;))
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