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State-owned Chinese firms to invest in GLP

Deal to inject up to US$2.5 billion in company

Published Tue, Feb 18, 2014 · 10:00 PM
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GLOBAL Logistic Properties (GLP) has signed an agreement with a group of Chinese state-owned enterprises and financial institutions for an up to US$2.5 billion investment in the company.

The transaction is expected to in…

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