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Blackstone, Prologis Separately Bid for U.S. Arm of Warehouse Owner GLP

Blackstone, Prologis Separately Bid for U.S. Arm of Warehouse Owner GLP

Blackstone Group and Prologis are vying to buy the U.S. arm of Singapore’s GLP in a deal that could be worth more than $20 billion and create an industrial-warehouse giant.