China’s GDS to sell $587m stake in overseas data centres to Hillhouse, Boyu, others

China’s GDS to sell $587m stake in overseas data centres to Hillhouse, Boyu, others

Photo from GDS Holdings Ltd's official website.

GDS Holdings Ltd has agreed to sell a stake in its data centre business outside of mainland China to a group of private equity (PE) investors for $587 million.

Edited by: Pramod Mathew