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Success Flow and Choice Faith buy 42% stake in Chinese data centre operator VNET

The acquirers have also entered into an investor rights agreement with VNET and a voting and consortium agreement with the company’s Founder and Executive Chairman.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

November 20, 2023 | 12:15 AM GMT

Success Flow and Choice Faith buy 42% stake in Chinese data centre operator VNET

The Tech Capital

Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET) has secured an equity investment of US$299 million from Success Flow International Investment Limited and Choice Faith Group Holdings Limited.

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João Marques Lima

Founder and Editor, The Tech Capital

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