While an announcement on the proposal could come as soon as Monday, deliberations are preliminary and may not lead to a buyout, the people said.
A consortium featuring investors including Starwood Capital Group and SSW Partners is considering a buyout of Asian warehouse developer ESR Group, people familiar with the matter said, injecting more life into dealmaking in Hong Kong.
The group is talking with minority shareholders to gauge interest for a potential take-private deal, according to the people, who asked not to be identified discussing confidential information. Some existing investors may roll over parts or all of their stakes, though nothing has been finalized yet, the people said.
