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21Vianet Group increases proposed IPO deal size

21Vianet Group, the largest carrier-neutral Internet data centre services provider in China, has raised the proposed deal size for its upcoming IPO.

The Beijing, China-based company now plans to raise US$156 million by offering 12.5 million shares at a price range of US$12 to US$13. The company had previously filed to offer 11.5 million shares at a range of US$10 to US$12.

Source: Renaissance Capital

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