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Warburg Pincus
Startups, Entrepreneurs, Digital economy
Trax gets US$100 mil funding, becomes Singapore's second unicorn
SINGAPORE (July 23): Warburg Pincus-backed image recognition technology firm Trax, a start-up that counts Heineken and Nestle among its clients, said it has raised US$100 million ($136 million) in its latest funding round, becoming Singapore's second
July 23, 2019
IPO
Warburg-backed ESR files for HK IPO said could be worth up to $2 bil
(Mar 6): ESR, the logistics real estate platform backed by Warburg Pincus, is expected to carry out an IPO in Hong Kong within the next two quarters, according to Mingtiandi.
March 06, 2019
Startups, Entrepreneurs, Digital economy
Go-Jek backers said to offer US$1 bil funding to fuel growth
(June 7): Go-Jek, the Indonesian ride-hailing provider, has been offered at least US$1 billion ($1.3 billion) of new funding from existing investors eager to accelerate its overseas expansion, people with knowledge of the matter said.
June 07, 2018
Warburg Pincus-backed REIT to buy rival in Singapore's first REIT merger
SINGAPORE (May 18): ESR-REIT will buy rival Viva Industrial Trust in a proposed deal valued at $936.7 million, marking the first consolidation among Singapore's crowded mid-cap real estate investment trusts.
May 18, 2018
Property
ESR-REIT sponsor partners Invesco to manage RMB2 bil China portfolio
SINGAPORE (Sept 8): ESR, the sponsor of ESR-REIT which was formerly known as Cambridge Industrial Trust, has formed a joint venture (JV) partnership with Invesco Real Estate (IRE) to acquire and manage a portfolio of Grade A stabilised logistics assets in
September 08, 2017
ESR-REIT and Sabana REIT to create bigger, more liquid and investable entity: Religare
SINGAPORE (Aug 8): Religare Capital Markets says the amalgamation of ESR-REIT and Sabana REIT will create a bigger, more liquid and investable REIT.
August 08, 2017
Update
GLP is said to pick Chinese bidder in Asia's biggest buyout: Update
SINGAPORE (July 13): Global Logistic Properties, the US$9.2 billion ($12.7 billion) Singapore warehouse operator pursuing a sale, has picked a Chinese bidder consortium for final deal talks, people with knowledge of the matter said.
July 13, 2017
Logistics firm GLP receives proposals from bidders
SINGAPORE (July 3): Warehouse operator Global Logistic Properties said on Monday it had received "firm proposals" from shortlisted bidders. It provided no further details.
July 03, 2017
Global Logistic Properties says reviewing all shortlisted bids
SINGAPORE (July 3): Global Logistic Properties (GLP) says it has at last Friday’s deadline received firm proposals from shortlisted bidders for final evaluation.
July 03, 2017
Race to buy US$10 bil valued GLP narrows down to two groups
SINGAPORE (June 30): The race to buy Global Logistic Properties is now between a Chinese consortium backed by the company's management and a rival group led by Warburg Pincus, sources said ahead of a Friday deadline to submit bids for the firm valued
June 30, 2017