China's HNA launches $1b bid for Singaporean logistics firm CWT

China's HNA launches $1b bid for Singaporean logistics firm CWT

The HNA Group logo is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

Chinese conglomerate HNA Holding Group Co on Thursday launched a bid to buy Singaporean logistics firm CWT Ltd for $1 billion, after getting a green light from its shareholders.

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