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21Vianet Group Inc to Invest in Aipu Network Co., Ltd


Wednesday, 4 Jun 2014 08:34am EDT 

21Vianet Group Inc:Enters into definitive agreements to invest in Sichuan Aipu Network Co., Ltd. and its affiliates.21Vianet will own, both directly and indirectly, an about 50 pct ownership interest in Aipu Group and become its single shareholder.Amount of 21Vianet's cash investment is not disclosed.Other shareholders of Aipu Group will have option to sell their remaining interests in Aipu Group to 21Vianet based on certain performance-based metrics over next three years. 

Company Quote

20.69
-0.77 -3.59%
3:24pm EDT