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...
Golden Gate Capital Exits Red Lobster Investment

Golden Gate Capital Exits Red Lobster Investment

Golden Gate Capital sold its remaining equity stake in Red Lobster to existing investor Thai Union Group, a group of investors under the banner Seafood Alliance consisting of global restaurateurs and hospitality executives, and Red Lobster management, according to a...