Bain Capital partner Drew Chen

    Roundup: Bain Completes $4B Sale of China Data Centres

    Bain Capital partner Drew Chen Chinese bit barns lead today’s look at real estate news from around Asia Pacific, with Bain Capital having closed on its sale of the mainland China assets of the business formerly known as Chindata for $4 billion. Also making the list are Brookfield’s effort to refinance a Seoul office complex…

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    UK's Craneware rejects Bain Capital's $1.3 billion takeover proposal

    UK’s Craneware rejects Bain Capital’s $1.3 billion takeover proposal

    British software firm Craneware said on Wednesday it has rejected a takeover proposal from U.S. private equity firm Bain Capital, stating that the 26.50 pounds-per-share proposal undervalued the company. Bain Capital’s proposal would have valued the British company at 939.4 million pounds ($1.27 billion) on Wednesday. Craneware’s shares were up marginally at 20.10 pounds at…

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