Chindata group receives non-binding “take private” proposal from cmc

Beijing, july 13, 2023 (globe newswire) -- chindata group holdings limited (“chindata group” or the “company”) (nasdaq: cd), a leading carrier-neutral hyperscale data center solution provider in asia-pacific emerging markets, today announced that the special committee of its board of directors received a preliminary non-binding proposal letter from china merchants capital holdings (international) limited (“cmc”), to acquire all of the outstanding shares of the company for us$4.6 per ordinary share (or us$9.2 per ads) in cash.
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