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Bain Capital will acquire all of the outstanding shares of the company

(Bloomberg) -- Bain Capital is moving closer to a potential agreement to take Chindata Group Holdings Ltd. private, people familiar with the matter said, a deal that would allow the buyout firm to take full ownership of the data center business.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapid

(Bloomberg) -- An arm of state-owned conglomerate China Merchants Group has made a $3.4 billion takeover bid for Chindata Group Holdings Ltd., setting up a bidding war for the Asian data center operator. Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesErdogan Just

/PRNewswire/ -- The content delivery network (CDN) market size is forecast to increase by USD 67,671.83 million from 2022 to 2027. The market is estimated to...

/PRNewswire/ -- The global content delivery network (CDN) security market size is estimated to grow by USD 13,500.41 million from 2022 to 2027, according to...