Aug. 29 at 10:36 AM
$BCSF
From Bloomberg:
"Bain Is Said to Draw Chinese Bidders for
$4 Billion Data Centers"
Takeaways:
-- The China data center business owned by Bain Capital’s Chindata Group Holdings Ltd. has drawn interest from local bidders seeking to expand in the sector to tap a boom in artificial intelligence.
-- Range Intelligent Computing Technology Group Co. is among firms that have recently submitted binding bids for the assets, which could value Chindata’s China business at about 30 billion yuan.
-- Other contenders vying for the assets include Guangdong HEC Technology Holding Co., Youzu Interactive Co., Beijing Capital Group Co., and Inesa Group Co., with deliberations ongoing and no final decisions made.
https://www.bloomberg.com/news/articles/2025-08-29/bain-is-said-to-draw-chinese-bidders-for-4-billion-data-centers?sref&