Singapore’s GLP Said to Shortlist At Least 3 Bidder Groups

Global Logistic Properties Ltd. has shortlisted at least three groups in the bidding for the Singapore-based warehouse operator, people with knowledge of the matter said. GLP invited a management-backed consortium that includes Chinese investment firms Hillhouse Capital Management and Hopu Investment Management to study detailed information on the business, the people said, asking not to be identified as the information is private.