Sources: Princeton Digital Group to sell its Chinese data center assets for as much as $1B, capping global buyout firms' retreat from China's data center market (Financial Times)

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Princeton Digital Group may sell Chinese data center assets for up to $1B as global investors retreat from China's data center market.

Categories: Money & Moves

Excerpt

<a href="https://www.ft.com/content/c6ded5c6-6343-4e9b-a170-7232ab28f63e"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260524/i1.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260524/p1#a260524p1" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/c6ded5c6-6343-4e9b-a170-7232ab28f63e">Sources: Princeton Digital Group to sell its Chinese data center assets for as much as $1B, capping global buyout firms' retreat from China's data center market</a></b></span>&nbsp; &mdash;&nbsp; Princeton Digital Group's sale process caps foreign retreat from the country's sensitive digital infrastructure.</p>