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GLP's Sale of Stake in China Operations Is Said to Have Stalled.
- Source :
- Bloomberg.com; 10/25/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Negotiations between GLP Pte and Guangdong Holdings Ltd. for the sale of a stake in GLP's China operations have stalled due to disagreements over deal terms. GLP may explore other potential buyers or options as talks with Guangdong Holdings have hit an impasse. GLP recently sold a significant portion of its fund management arm, providing more flexibility to address its debt load and engage in future deal talks. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 180489603