Singapore's Global Logistic Properties (GLP) agreed to be acquired by a Chinese private equity consortium backed by senior GLP executives for about S$ 16 billion ($ 11.6 billion), choosing it over a rival bid in Asia's largest private equity buyout. (cnbc.com)
A Chinese private equity consortium put in the winning bid of 16 billion Singapore dollars ($ 11.6 billion) for Singapore - listed Global Logistic Properties (GLP), the largest warehouse operator in Asia (cnbc.com)
Singapore's Global Logistic Properties agreed to be acquired by a Chinese private equity consortium for about 16 billion Singapore dollars ($ 11.6 billion). (cnbc.com)