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JD.com unit offers to buy big stake in China Logistics for $513 mln

Reuters2021-09-03

Sept 3 (Reuters) - China Logistics Property Holdings said on Friday it got an offer from the unit of Chinese e-commerce giant JD.com Inc to buy a controlling stake in the storage facilities manager for about HK$3.99 billion ($513.45 million).

JD Property Group Corp said in a release to the stock exchange that it offered to buy a 26.38% stake for HK$4.35 per share in China Logistics from its top shareholder, Yupei International Investment Management.

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Comment7

  • SSVC
    ·2021-09-05
    Mmm.. Appreciate your response and comments Thanks 
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  • LuckyLucky
    ·2021-09-03
    Like
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  • Eded
    ·2021-09-03
    Next China target ?
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  • dw321
    ·2021-09-03
    Great 
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  • KLS
    ·2021-09-03
    Nubuybuy
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  • HeNrY89
    ·2021-09-03
    SHBL
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    • Zarkness
      呼呼
      2021-09-03
      Reply
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    • RossT
      JD is good
      2021-09-03
      Reply
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  • ScarletHeart
    ·2021-09-03
    wow
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    • Uday
      Wow
      2021-09-03
      Reply
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