SINGAPORE/HONG KONG, Feb 28 (Reuters) - Private equity firms Warburg Pincus, Blackstone Group LP and Hopu Investment were among the bidders short-listed to present a potential offer for Singapore-listed Global Logistic Properties , people familiar with the process said on Tuesday. GLP said in a securities filing on Monday it has evaluated various non-binding proposals and a special committee running a strategic review of its business short-listed "several parties" to conduct due diligence of the company, though it didn't disclose any names of the potential bidders. Warburg Pincus joined with e-Shang Redwood (ESR) to lead a consortium of Chinese and international investors bidding for GLP, one of the people said.
- Bloomberg•2 days ago
Global Logistic Properties Ltd. has shortlisted at least three groups in the bidding for the Singapore-based warehouse operator, people with knowledge of the matter said.
- The Wall Street Journal•2 days ago
Global Logistic Properties, a $9.5 billion backbone of the warehousing industry in the U.S. and China, said it has narrowed down the bidders for a potential buyout.
MC0.SI : Summary for Global Logistic - Yahoo Finance
Global Logistic Properties Limited (MC0.SI)
SES - SES Delayed Price. Currency in SGD
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|Day's Range||2.66 - 2.70|
|52 Week Range||1.72 - 2.80|
|PE Ratio (TTM)||19.01|
|Dividend & Yield||0.04 (2.17%)|
|1y Target Est||N/A|