Deals
Singapore Warehouse Giant Picks Chinese Bidder in $10 Billion Buyout
- Consortium led by Hillhouse, Hopu edges out Warburg Pincus
- Buyout group to negotiate definitive terms for warehouse owner
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Global Logistic Properties Ltd., the Singapore warehouse operator pursuing a sale, has picked a Chinese bidder consortium for final talks on a deal valuing the company at about $10 billion, people with knowledge of the matter said.