Bain-backed ChinData readying U.S. IPO of up to $400m

Bain-backed ChinData readying U.S. IPO of up to $400m

Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two sources with direct knowledge of the matter said. The Bain Capital backed...
TPG explores $8 billion sale of U.S. cable operator Astound

TPG explores $8 billion sale of U.S. cable operator Astound

Private equity firm TPG is exploring a sale of Astound that could value the owner of a U.S. network of regional cable TV and internet providers at more than $8 billion, including debt, according to people familiar with the matter. The potential sale would come as...