Singapore: GLP receives bid proposals, buyout groups seen interested

Singapore: GLP receives bid proposals, buyout groups seen interested

Global Logistics Properties. Photographer: Munshi Ahmed/Bloomberg

Global Logistic Properties Ltd said on Monday it had received “firm proposals” from shortlisted bidders, days after sources told Reuters that suitors had narrowed to a management-backed Chinese consortium and a group led by Warburg Pincus.

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