Blackstone sells Logicor to China Investment Corporation for $14 billion

Jun 2, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON (Reuters) – Private equity group Blackstone has agreed to sell European warehouse firm Logicor to China Investment Corporation [CIC.UL] (CIC) for 12.25 billion euros ($13.8 billion), cementing China’s position as a player in European private equity exits.