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Warburg 'eyeing bigger Asia logistics IPO' amid bid for GLP

Sources say it is weighing a merger of GLP with its own logistics business E-Shang Redwood before public offer

Singapore

WARBURG Pincus, one of several bidders pursuing Global Logistic Properties Ltd, is weighing a merger of the Singapore warehouse owner with its own logistics business E-Shang Redwood Ltd before a planned initial public offering, people with knowledge of the matter said.

sentifi.com

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