China Logistics Property Heading for Listed Company Exit Door?

Logistics warehouse operator’s chairman to sell most of his 28% stake to JD Logistics, paving the way for a possible buyout Key takeaways: JD Logistics has offered to buy an additional 26% of China Logistics Property’s shares for $515 million, raising its stake to 37% If that purchase is completed, JD Logistics could offer to buy out China Logistics’ remaining shares at a 9% premium to their pre-announcement price levels By Doug Young Logistics has become a hot topic in China these days, forming a crucial plank in the herculean…

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