A logistics centre in China. Shareholders in GLP, the largest operator of warehouses in the country, approved a buyout plan on November 30. Photo: Reuters
Shareholders of Singapore logistics firm GLP approve US$11.6 billion buyout by Chinese-led consortium
Property firm China Vanke and fund Hillhouse Capital, along with GLP management, are part of the buyer group
Topic |
Mergers & Acquisitions
A logistics centre in China. Shareholders in GLP, the largest operator of warehouses in the country, approved a buyout plan on November 30. Photo: Reuters