Boston-Based PE Firm Bain Capital Buys Out Chinese Data Center Firm In $146M Deal

Wangsu Science & Technology, a Chinese content delivery network provider, has sold its data center unit Xiamen Qinhuai Technology to Boston-based private investment firm Bain Capital for RMB990 million (US$146.14 million), according to a statement released last week. The transaction, initially announced in a document filed with the Shezhen stock exchange on January 3, was […]

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