Bain-backed data centre operator Chindata seeks up to $540m in US IPO

Bain-backed data centre operator Chindata seeks up to $540m in US IPO

IPO

Chindata Group Holdings Ltd. is looking to raise as much as $540 million in its U.S. initial public offering, hoping to ride a wave of investor interest for companies seen to be benefiting from the stay-at-home trend.