Chinese consortium, Warburg in fray to buy $10b-valued Singapore's GLP

Chinese consortium, Warburg in fray to buy $10b-valued Singapore's GLP

Photo: GLP website

The race to buy Global Logistic Properties is now between a Chinese consortium backed by the company’s management and a rival group led by Warburg Pincus, sources said ahead of a Friday deadline to submit bids for the $10 billion-valued firm.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter