BRIEF: GDS to separately list data center real estate assets as a REIT
Data center operator GDS Holdings Inc. (GDS.US; 9698.HK) said on Thursday that it plans to spin off and separately list its real estate assets as a real estate investment trust…
BRIEF: GDS revenue rises, spins off international unit
Data center operator GDS Holdings Ltd. (GDS.US: 9698.HK) said on Wednesday its revenue rose 9.1% year-on-year in the fourth quarter to 2.69 billion yuan ($372 million), while its net loss…
GDS moves closer to breakup with REIT spinoff plan
The company could break itself into three pieces next year, one a China-based REIT, one for its China-based data center business, and one for its global data center business Key…
GDS preparing to spin off its global business?
The data center operator is reportedly in talks to sell a stake in its fast-expanding global operation to several major investors, including Hillhouse and Boyu Capital Key Takeaways: GDS is…
GDS under pressure to step up overseas expansion as China market cools
The data center operator’s revenue growth slowed in the third quarter, as it officially launched its first offshore data center in Malaysia Key Takeaways: GDS’ revenue grew 6.4% in the…
FAST NEWS: Chindata gets second buyout offer from China Merchants
The Latest: An investment arm of China Merchants Group said on Monday it made a non-binding offer to buy out data center operator Chindata Group Holdings Ltd. (CD.US) for $9.60…
Hot but undervalued Chindata attracts owner-led buyout bid
The data center operator has received a preliminary privatization offer from controlling shareholder Bain Capital, but uncertainties remain Key Takeaways: Bain has offered to pay $8 per ADS for the…