GLP invests $58m in China's Wangjiahuan
GLP, a private equity-owned warehouse operator based in Singapore, has invested RMB400 million ($58 million) in Chinese agricultural products distributor Wangjiahuan.
The investment was made via GLP’s Chinese private equity unit, Hidden Hill Capital, which was set up earlier this year with the launch of a RMB10 billion logistics fund. According to a release, the capital...
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