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VNET moves on with M&A as special sale committee names financial advisors

The US$1+ billion potential sale is being disputed by external investors as well as the group’s own founder, Josh Sheng Chen.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

October 17, 2022 | 2:10 PM BST

Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET) said the special committee of the company's Board of Directors has retained Kroll Securities, LLC and Kroll, LLC, operating through its Duff & Phelps Opinions Practice, as its independent financial advisor, and Davis Polk & Wardwell LLP as its independent legal counsel.

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João Marques Lima

Founder and Editor, The Tech Capital

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