Bain Capital to sell stake in Bridge Data Centres at $5 billion valuation

US investment firm Bain Capital is seeking to sell a stake of at least 40% in Bridge Data Centres (BDC) in a deal that would value the Singapore-based data infrastructure builder at $5 billion, two people with knowledge of the matter said.

The Boston-based firm has hired Citigroup and JPMorgan to run the sale, which has attracted interest from a number of private equity and infrastructure funds, the two sources said.

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