In Asia's biggest buyout, China's Hillhouse Capital, Hopu buy GLP for record $11.6b

In Asia's biggest buyout, China's Hillhouse Capital, Hopu buy GLP for record $11.6b

Global Logistics Properties. Photographer: Munshi Ahmed/Bloomberg

Global Logistic Properties Ltd., the Singapore warehouse operator, will be sold for about S$16 billion ($11.6 billion) to a management-backed Chinese consortium that features private equity firms Hillhouse Capital Management and Hopu Investment Management.

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