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Chindata's board green lights Nasdaq delisting amidst imminent M&A

If and when the Merger is completed, it would result in the company becoming a private company and its ADS would no longer be listed or traded on any stock exchange

By TTC Newsroom

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December 06, 2023 | 3:42 AM GMT

Chindata's board green lights Nasdaq delisting amidst imminent M&A

Nick Wang, CFO of Chindata Group. Source: Chindata

The Tech Capital

Chinese data centre operator Chindata Group Holdings Limited (Nasdaq: CD) has announced that at an extraordinary general meeting of shareholders (the “EGM”), the company’s shareholders voted in favor of, among other things, the proposal to authorize and approve the execution, delivery and performance of the previously announced agreement and plan of merger, dated as of August 11, 2023.

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