Boyu Capital Joins Consortium Investing $2.5B In Singapore’s GLP

Login to View

Singapore-listed Global Logistic Properties (GLP) says it has received the total US$2.5 billion investment from a Chinese investor consortium led by Hopu Investment Management Co., and new investors including well-connected private equity firm Boyu Capital have joined the consortium, according to a company announcement.

The consortium agreed to inject US$2.5 billion into GLP for a combined 34% stake in February. Back then, the investors included Beijing-based China Life Insurance Co. Ltd., Bank of China Group Investment Ltd. and Hopu.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS