The company provides data center services to a wide range of customers, including cloud computing companies, financial institutions, and government agencies.
The privatization of Chindata is seen as a sign of confidence in the Chinese data center market.
The market is growing rapidly, as more and more businesses move their data to the cloud. Bain Capital is expected to invest heavily in Chindata to help the company expand its capacity and meet the growing demand for data center services.
The deal is also a sign of Bain Capital’s commitment to the Chinese market.
The firm has been investing in China for many years, and it sees the country as a major growth market.
The privatization of Chindata is a significant investment by Bain Capital in China, and it is a vote of confidence in the Chinese economy.
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