- U.S.-listed Chinese data center company VNET Group, Inc (NASDAQ:VNET) bagged a preliminary non-binding takeover proposal from its founder in September.
- Buyout firms CDH Investments, MBK Partners, and PAG also considered bids for VNET, Bloomberg reported.
- China Merchants Group Ltd weighed a takeover offer for Chinese data center operator Chindata Group Holdings Ltd.
- The state-owned conglomerate studied a potential bid for the Bain Capital-backed business.
- China Merchants Group reached out to prospective investors, including infrastructure funds, about backing a deal.
- Shanghai-based competitor GDS Holdings Limited (NASDAQ: GDS) and PAG, which launched a digital infrastructure platform last year, explored offers for the business.
- EQT AB-backed peer EdgeConneX studied a bid.
- Price Action: VNET shares traded higher by 11.8% at $5.10 on the last check Wednesday.
Applied Molecular Transport Completes Enrollment Of Phase 2 LOMBARD Monotherapy Trial Of Oral AMT-101 In Patients With Moderate-to-Severe Ulcerative Colitis
Applied Molecular Transport Inc. (NASDAQ:AMTI) (AMT), a clinical-stage biopharmaceutical company, today announced the company has completed enrollment of the Phase 2 LOMBARD trial for AMT-101 in 105 patients with
