Tsinghua University-affiliated Tus Holdings Co., Ltd. has agreed to make a US$388 million strategic investment in Chinese Internet data center service provider 21Vianet Group, Inc., which is in the middle of a proposed management buyout transaction. In an announcement, NASDAQ-listed 21Vianet says an affiliated investment vehicle of Tus Holdings will subscribe new shares at US$16.274 […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.