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GLP confirms in prelim discussions for possible sale of company

Update

GLP confirms in prelim discussions for possible sale of company

Gwyneth Yeo Published on Thu, Jan 05, 2017 / 6:21 PM GMT+8

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SINGAPORE (Jan 5): Global Logistic Properties has confirmed that it is in preliminary discussions with various parties regarding the possible sale of the company.

(See also: GLP said to seek bids for $11.3 bil company)

In response to news reports from Wall Street Journal and Bloomberg and a trading query from the Singapore Exchange on Thursday, GLP explained that the sale of the company was among the options available under GLP’s ongoing strategic review.

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