Tue 11/21/2023 21:52 PM
Editors Note: GLP contacted Reorg after hours on Nov. 21 following publication of this story to decline to comment. The original story has been written through with additional source-based information.
GLP Pte. Ltd. is in talks with China Logistics Group to sell logistics assets of at least CNY 10 billion ($1.4 billion) in a first phase of a deal with the state-backed buyer, said two sources familiar with the matter. The company is also in talks with two non-Chinese insurance companies for...
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