Blackstone Sells European Logistics Unit Logicor To CIC For $13.8 Billion

China Investment Corporation (CIC) has agreed to acquire Blackstone’s pan European logistics company Logicor for €12.25 billion (US$13.82 billion), in the largest ever European real estate deal in terms of transaction value.

China Money Network

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Nina Xiang
Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.

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