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Vanke said to be in talks to join China group bidding for GLP

It could be major investor in consortium backed by Hopu Investment Mgt, Hillhouse Capital Mgt and GLP's CEO

Published Fri, Jun 16, 2017 · 09:50 PM

Hong Kong

CHINA Vanke Co, a logistics partner of Blackstone Group LP in China, is in talks to join a management-backed consortium bidding for warehouse operator Global Logistic Properties Ltd, people with knowledge of the matter said.

The Shenzhen-based homebuilder has discussed about becoming one of about six major investors in the Chinese bidding group backed by Hopu Investment Management, Hillhouse …

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Companies & Markets

Companies & Markets

Vanke said to be in talks to join China group bidding for GLP

Companies & Markets

Tokyo's Nikkei drops more than 1,000 points, most in 3 years

Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Inside TSMC chairman Mark Liu's short but impactful reign

CSE Global bags US$36.5 million data centre contract extension

Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances

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