Bain Capital-backed ChinData readying US IPO of up to $400m

Bain Capital-backed ChinData readying US IPO of up to $400m

Photo by Jordan Harrison on Unsplash

Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two sources with direct knowledge of the matter said.

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