Eastern Bell, Hidden Hill join $512m China air cargo deal
Eastern Bell Capital and Hidden Hill Capital, the private equity arm of warehousing and logistics player GLP, have participated in a RMB3.35 billion ($512 million) funding round for the freight business of China Southern Airlines.
Eight investors will take a combined 45% interest in China Southern Airlines Logistics (CSA Logistics), according to a filing. The airline will retain 55%. A total of RMB818 million will be put to work...
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