GDS Holdings to Reallocate $385M from DayOne Share Repurchase in China
GDS Holdings Limited plans to repurchase approximately $385 million in ordinary shares from DayOne Data Centers Ltd., enabling the company to recover about 95% of its investment at a 6.5x multiple. GDS will maintain a minority stake in DayOne valued at over $2.2 billion, with the proceeds earmarked for new opportunities in its core business in China.

GDS Holdings Limited will repurchase ordinary shares from DayOne Data Centers Ltd. for approximately $385 million, allowing GDS to recycle about 95% of its investment at a 6.5x multiple. GDS retains a minority stake in DayOne valued over $2.2 billion. Proceeds will be invested in new opportunities in its core business in China.




Comments