A bidder group including KKR, Stonepeak, and I Squared Capital is said to be in preliminary stages of weighing a bid for the company. Others interested too.
The Singapore sovereign fund is on a data center investment roll. Its latest deal is with GDS for cloud sites in China.
Its guidance indicates the trade war is leading customers to delay network upgrades.
In the three months of brutal selloff, spurred by the trade war, China's two largest companies lost a combined $140 billion in market value.
Amazon accelerates data center spending; Microsoft expands in place; Google slows capex growth
DCK Investor Edge: No signs of cloud leasing picking back up in second half, but long-term drivers still intact.