GDS Said to Weigh $400 Million Stake Sale in Global Data Centers

Data center operator GDS Holdings Ltd. is considering selling a minority stake in its international business for about $300 million to $400 million to a strategic partner, according to people familiar with the matter.

The Shanghai-based digital infrastructure company is working with an adviser and is weighing selling about a 30% to 40% stake in the assets, the people said, asking not to be identified as the information is private. Investment firms and sovereign wealth funds have expressed interest in the international portfolio, the people said.

GDS develops and operates data centers in China including in Beijing, Hong Kong, Shanghai ...