Chinese dealmaker Fang Fenglei, Hillhouse Capital said to get GLP CEO’s backing in buyout bid

Chinese dealmaker Fang Fenglei, Hillhouse Capital said to get GLP CEO’s backing in buyout bid

GLP CEO Ming Z. Mei. Photo: Bloomberg

Chinese dealmaker Fang Fenglei won backing from Global Logistic Properties Ltd.’s chief executive officer as he pursues a takeover of the $9.1 billion warehouse owner, which could become the biggest Asian buyout deal, people with knowledge of the matter said.

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