Chinese Banks Help Underwrite CIC Acquisition of Logicor
Posted on 07/28/2017
In June, the China Investment Corporation’s (CIC) moved to acquire European warehouse firm Logicor from The Blackstone Group €12.25 billion, essentially the biggest private equity real estate deal in Europe. To pay for the deal, the CIC is arranging a €6.8 billion loan to fund the buyout. China Construction Bank and Bank of China jointly […]
- Asia
- Bank of China
- Blackstone Group
- China Construction Bank
- China Investment Corporation
- Europe
- Logicor
- real assets
- Real Estate