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Hillhouse, Boyu in Talks to Invest in GDS s Southeast Asia Data Centers

(Bloomberg) Alternative asset managers Hillhouse Capital, Boyu Capital and CDH Investments are in advanced talks to invest in GDS Holdings Ltd.’s data center business outside China, according to people familiar with the situation.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring Back‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsA

Hillhouse, Boyu in Talks to Invest in GDS Holdings Data Centers | Data Center Knowledge | News and analysis for the data center industry

An agreement on a total investment of $500 million to $600 million may be reached as soon as the coming weeks.

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