Thu 02/29/2024 20:57 PM
GLP China Holdings is in talks to sell certain shares it owns in some of its previously established funds with proceeds expected to help ease the company's upcoming debt repayment pressure, according to two sources familiar with the matter.
Sources noted that the company has already signed certain deals with potential investors, and one of the investors AIA Group, sources said, has agreed to purchase shares of certain previous funds in deals that could bring in CNY 1.7 billion ($236.3...
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