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Deals Rumor Mill: GLP, Fairfax Media, Zhong An

By Benjamin Horney (June 30, 2017, 2:39 PM EDT) -- The list of suitors in the running to acquire Singapore-based industrial warehousing giant Global Logistic Properties Ltd. has been whittled down, with Reuters reporting that only a consortium led by Hopu Investment Management and Hillhouse Capital and a group featuring Warburg Pincus remain. According to the report, the Chinese consortium has the support of GLP's CEO. Rumors of an impending deal for GLP have persisted for months, with previous reports saying the business is worth around $9.2 billion....

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