Singapore's GLP accepts $11.5b Hopu, Hillhouse-backed buyout offer
Singapore-listed warehouse operator Global Logistic Properties (GLP) has accepted a buyout offer from a consortium including Hopu Investment and Hillhouse Capital that values the company at S$15.9 billion ($11.5 billion).
The consortium also includes Chinese property developer Vanke, Bank of China’s investment arm BOC Group Investment, and Schwartz-Mei Group, an investment firm founded by GLP co-founders Jeff Schwartz...
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