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VNET courted for multi-billion Dollar sale by Chinese bank and PE giant

The bid for acquisition comes after Blackstone’s US$250 million investment in the business and a nearly 30% revenue growth in 2021.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

April 12, 2022 | 12:05 AM BST

Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET), former 21Vianet, has received an unsolicited preliminary non-binding offer to acquire all of the group’s outstanding ordinary shares.

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João Marques Lima

Founder and Editor, The Tech Capital

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