(Bloomberg) -- Bain Capital is considering bringing fresh backers into Chindata Group Holdings Ltd., people familiar with the matter said, allowing it to...
-- Bain Capital is considering bringing fresh backers into Chindata Group Holdings Ltd., people familiar with the matter said, allowing it to raise cash and keep expanding the data-center company.Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleThe US-based investment fund is working with advisers to find partners in some of the data centers, the people said, asking not to be identified because the matter is private.
Bain could also decide to distribute some of the cash it might raise to its investors via dividends, one of the people said.Chindata’s mainland China assets account for more than 90% of its revenue, according to its financial results. ByteDance Ltd., renowned for its video-sharing platforms TikTok and Douyin, is a key client.
Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will you owe gift taxes because of your generous gesture? Despite popular framing, the federal gift and estate taxes only apply to very wealthy households. Unless you have approximately $13 million to The post I Want to Give My Daughter and Her Husband $50,000 For a Down Payment. Do I Have to Worry About the Gift Tax? appeared first on SmartReads by SmartAsset.
Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic
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