Bain Capital offers to take data center provider Chindata private


The logo of Bain Capital is displayed on the screen during a news conference in Tokyo Japan October 5 2017. REUTERSKim Kyung-Hoon

The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon

(Reuters) - Chindata Group said on Wednesday that investor Bain Capital has offered to take the Chinese data center operator private in a deal valuing the company at $2.93 billion.

Chindata's shares, which have lost more than a fifth of their value this year, rose about 12% in trading before the bell.

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