Kirkland Represents Affiliates of Bain Capital on $3.16 Billion Take-Private of Chindata Group
Kirkland & Ellis acted as the U.S. legal counsel to certain affiliates of Bain Capital on the proposed $3.16 billion take-private of Chindata Group Holdings Limited (NASDAQ: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets. Certain affiliates of Bain Capital, together with a number of existing and new investors, will acquire all of the outstanding shares of the Company at $4.30 per ordinary share or $8.60 per ADS. The transaction was signed on August 11, 2023.
Read Bain Capital’s press release
The Kirkland team was led by transnational partners Gary Li, Sarkis Jebejian, Pierre-Luc Arsenault and Min Lu. The team also included debt finance partner Jacqueline Zheng; capital markets partners Joshua Korff, Michael Kim, Ann Becchina and Louis Rabinowitz; tax partner Mike Carew; litigation partners Matthew Solum and Paul Quinn; and government and internal investigations partners Cori Lable and Yue Qiu.