GLP halts trading pending announcement
Published Thu, Jul 13, 2017 · 12:39 AM
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GLOBAL Logistic Properties has halted the trading of its stock pending an announcement.
The developer of high-end warehouses is currently assessing a number of firm bids for its business as part of a strategic review that was requested by major shareholder GIC.
The leading bidders are believed to be a Chinese consortium backed by the company's management and a group led by Warburg Pincus.
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