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<IPO>GLP Has Selected Investment Banks for HK IPO: Wire
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GLP, a Singapore-based logistics investment company, has selected Citi, Deutsche Bank, Jefferies, and Morgan Stanley to prepare for its Hong Kong IPO, which will occur as early as 1H26, according to a Bloomberg report. However, sources said it is still possible that GLP will eventually terminate its listing plans. GLP's primary growth driver is its data center business, with investment areas covering digital infrastructure, logistics, and renewable energy. The company was privatized in 2017 by a Chinese consortium for an Asian record of SGD16 billion. This consortium included private equity firm Hillhouse Capital, HOPU Investment, and real estate company CHINA VANKE (02202.HK). AAStocks Financial News |
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