(NASDAQ: CONE), a premier global data center REIT, has announced that it has sold approximately 5.7 million American depository shares ("ADSs") of GDS
Holdings Limited ("GDS
") (NASDAQ: GDS
) for a total purchase price of approximately USD 200 million, the company said.
The company said it will continue to hold about 2.3 million ADSs, valued at an estimated USD90m based on the GDS
closing price on 11 April 2019 with the remaining shares being subject to a six-month lock up.
had declared the public offer for Capio AB unconditional on 26 October 2018.
Holdings is a developer and operator of high-performance data centers in China.
The Amadeus GDS
serves up pricing for more than 90,000 travel agency locations and more than 58,000 airline sales offices in approximately 200 markets worldwide.
is currently finalising its interior work contracts for a hotel in Jaddaf, another hotel in Jumeirah Beach Residence (JBR), Balamand University in Dubai Investments Park (DIP) and FedEx offices across the Mena region, among other projects.
's customised intelligence solutions, aligned with decades of experience in facilitating results-oriented business conversations.
scores among those who received cochlear implants decreased by 31 percent from baseline scores at six months after treatment, and 38 percent at 12 months after treatment.
, which achieved 20 per cent increase in turnover in 2015, is also eyeing opportunities in the hospitality sector in the UAE and region to complement its existing project portfolio.
Gulf Dynamic Services (GDS
) is targeting a 25 per cent growth in turnover for 2016 as demand for quality fit-out solutions continues to increase with construction activity continuing apace in the UAE and GCC.
The strategic partnership between CITIC Telecom CPC, China Entercom, CITIC Networks and GDS
combines the abundant bandwidth resources, data center resources, client resources and service experience, reinforcing their edge in data communications service.