US-based private investment firm Bain Capital has agreed to sell its data centre portfolio company WinTriX DC Group’s Chinese business in a transaction valued at $4bn. According to Bain Capital, the transaction is the largest merger and acquisition deal in China's data centre industry history. The business will be acquired by a consortium led by Shenzhen Dongyangguang Industry (HEC). The consortium purchasing the business also includes institutional investors such as insurance companies and local governm ...