From Yahoo Finance: 2025-05-08 22:18:00

Bain Capital seeks to sell China business of WinTriX DC Group for over $4 billion. Estimated 2025 EBITDA close to 4 billion yuan. Deal follows Bain’s 2019 acquisition of Chindata, now WinTriX. Data centre valuations soaring due to AI advancements. WinTriX facing higher business risks, with Bytedance as top customer.

Fitch downgrades WinTriX’s ratings to “BB” from “BBB” due to changing strategy and market risks. GDS Holdings trading at 8.48 times earnings. WinTriX operates in China, India, and Malaysia. Bridge Data Centres secures $2.8 billion financing for expansion. Bain Capital to keep control of Bridge Data Centres.



Read more at Yahoo Finance: Bain Capital to sell China data centre business likely valued at over $4 billion, sources say