Bain Capital Archives - Mingtiandi

China’s Wanda Delaying $600M Bond Payment and More Asia Real Estate Headlines

Ponrath Sopannarath — Wed, 22 Nov 2023 06:25:59 +0000

China’s Dalian Wanda is asking creditors to give it another year to repay a $600 million offshore bond, with that story leading today’s real estate headlines from around the region. Also in the news, Blackstone says it’s not selling its... Read More>>

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Asia Real Estate People in the News 2023-10-30

Michael Cole — Mon, 30 Oct 2023 03:35:47 +0000

India data centres lead this Halloween edition of People in the News, with a Brookfield – Digital Realty joint venture naming a new chief executive. Also making the list, Bain Capital has lured over a former Goldman exec to lead... Read More>>

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Bain Capital, DNE Group Form $250M China Industrial JV

Beatrice Laforga — Wed, 25 Oct 2023 14:18:28 +0000

Bain Capital and Warburg Pincus-backed DNE Group have set up a $250 million joint venture to develop and operate manufacturing parks across mainland China’s primary economic hubs, according to a joint announcement on Tuesday.

The US private equity firm is... Read More>>

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Bain Buying Back Data Centre Operator Chindata with Sweetened $3.2B Deal

Beatrice Laforga — Mon, 14 Aug 2023 11:00:52 +0000

Chindata Group Holdings announced Friday that it is set to go private after the company’s board agreed to a sweetened $3.16 billion from Bain Capital, ending a bidding war between the US private equity titan and state-backed China Merchants Capital.

Bain Buying 90% Stake in India’s Adani Capital, Adani Housing, Buying Out Family

Christopher Caillavet — Mon, 24 Jul 2023 14:45:35 +0000

Private equity major Bain Capital on Sunday announced an agreement to acquire 90 percent of two companies controlled by Indian billionaire Gautam Adani.

The transaction will buy out 100 percent of the Adani family’s private investments in Adani Capital, which... Read More>>

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Chindata Takeover Battle Looms as Bain Refuses to Sell Shares Under CMC Offer

Christopher Caillavet — Fri, 14 Jul 2023 20:25:10 +0000

Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and state-backed China Merchants Capital, with Bain having reiterated that it doesn’t plan to sell any of its shares in the Beijing-based data centre... Read More>>

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Chindata Draws $3.4B Rival Bid From China Merchants After Bain Offer

Christopher Caillavet — Mon, 10 Jul 2023 14:26:34 +0000

A little over a month after hearing a takeover offer from Bain Capital, Chindata Group Holdings has received a rival proposal from state-backed China Merchants Capital representing a 15 percent premium to Bain’s privatisation bid.

CMC is making a non-binding... Read More>>

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Bain Bids to Take Chindata Private at 33% Premium

Christopher Caillavet — Thu, 08 Jun 2023 15:20:59 +0000

Chindata Group Holdings has received a takeover offer from chief backer Bain Capital that values the Beijing-based data centre operator at around $2.9 billion.

US private equity major Bain, which holds 42.17 percent of the total issued and outstanding share... Read More>>

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Alibaba’s Cainiao Weighs $2B Hong Kong IPO and More Asia Real Estate Headlines

Christopher Caillavet — Tue, 09 May 2023 12:06:41 +0000

In today’s roundup of regional news headlines, Alibaba’s Cainiao logistics arm reportedly plans a public listing in 2024, and strong occupancy continues in Lendlease Global REIT’s portfolio. Also in the news is a new special situations fund for Bain Capital... Read More>>

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Bain Eyeing Stake in Blackstone’s Embassy REIT and More Asia Real Estate Headlines

Christopher Caillavet — Tue, 24 Jan 2023 14:13:13 +0000

In today’s roundup of regional news headlines, Blackstone reportedly holds talks with Bain Capital on the sale of a stake in Embassy Office Parks REIT, and China developer bonds snap back into shape on state-led support measures.