GDS-backed (GDS) DayOne is considering a dual initial public offering in Singapore and the US, Reuters reported Sunday, citing a source familiar with the matter.
GDS retains a minority stake in the Asian data center company, according to Reuters.
GDS did not immediately reply to MT Newswires' request for comment. DayOne could not be reached.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)