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Blackstone said to be in talks to buy Sime Darby's Australian assets

Discussions involve industrial buildings valued at A$250 million

Thu, May 05, 2016 - 5:50 AM

Singapore

BLACKSTONE Group LP is in talks to acquire industrial property assets in Australia valued at about A$250 million (S$253.6 million) from Malaysian palm-oil producer Sime Darby Bhd, according to people familiar with the matter.

The New York-based private equity firm is in...

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