Global buyout funds exit China’s data centres with final $1B deal
Warburg Pincus-backed Princeton Digital Group is selling its China assets, marking the end of foreign private equity's multi-year bet on Chinese digital infrastructure. The last domino is falling. Global buyout firms are completing their retreat from China's data center sector, with Princeton Digital Group preparing to sell its Chinese assets in a deal valued at up to $1B. The transaction,…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
