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CyrusOne sells GDS shares to raise USD 200 mln

Sunday 14 April 2019 | 11:10 CET | News

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Data centre operator CyrusOne sold approximately 5.7 million American depository shares (ADSs) of GDS for a total purchase price of approximately USD 200 million. CyrusOne will continue to hold approximately 2.3 million ADSs, valued at approximately USD 90 million based on the GDS closing price on 11 April, with the remaining shares being subject to a six-month lock up.

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Categories: Fixed
Companies: CyrusOne
Countries: United States
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