Bain to Sell China Data Centers to HEC-Group in $4 Billion Deal
Digital infrastructure is becoming a popular target for investorsĀ as the world becomes increasingly reliant on AI in daily life.Photographer: SeongJoon Cho/BloombergBain Capital agreed to sell its data centers in China to Shenzhen Dongyangguang Industry Co. in a transaction valued at about $4 billion.Shenzhen Dongyangguang, the parent of Shanghai-listed Guangdong HEC Technology Holding Co., is leading a consortium that also features institutional investors including insurers and local government...
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