Will data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) become the next company to split off its global division from its original China business?
That question loomed large as the company confirmed it was in advanced talks to sell a stake in its young global operation to help fund the unit’s growth. GDS indicated during its last earnings call in November that it was seeking such investment, with an aim of completing the capital-raising move by March.
https://thebambooworks.com/gds-under-pressure-to-step-up-overseas-expansion-as-china-market-cools/
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