GDS Holdings has disclosed ongoing discussions with a number of non-public fairness traders geared toward funding its operations past China.
This revelation got here via a stock exchange filing in response to Bloomberg News’ report that companies like Hillhouse,
Boyu Capital, and CDH Investments are in superior levels of negotiations to speculate as much as £469.6 million ($600 million) in GDS’ worldwide information centre enterprise.
Clarification Amid Hypothesis
GDS clarified that though talks are underway, no definitive authorized agreements have been signed, leaving the way forward for any potential deal unsure.
The corporate mentioned it had beforehand been reviewing choices to satisfy the capital wants of its worldwide ventures, hinting at non-public fairness involvement.
This announcement aligns with GDS Holdings’ technique to guage its capital wants for increasing its world footprint, promising compliance with authorized necessities for any future transactions.
GDS shunned specifying which firms it’s in discussions with.
The corporate urged shareholders and potential traders to train warning and rely solely on official firm bulletins for funding selections, warning towards hypothesis and unofficial media studies.
Hillhouse responded to inquiries by stating their coverage of not commenting on market rumors or hypothesis.
“As a matter of coverage, we don’t touch upon market rumors or hypothesis,” mentioned Hillhouse in a response to Reuters‘ question on Tuesday.
In the meantime, Boyu and CDH have but to reply to requests for touch upon the matter.
Investor Curiosity in Knowledge Centres
The curiosity in infrastructure belongings like information centres is on the rise in Asia, evidenced by important investments comparable to KKR’s acquisition of a 20% stake in Singtel’s regional information centre enterprise.
This development underscores the rising worth and potential of knowledge storage and administration services within the digital period.
