Warburg Pincus-backed ESR files for Hong Kong IPO of up to $1.5 billion

//Warburg Pincus-backed ESR files for Hong Kong IPO of up to $1.5 billion

Warburg Pincus-backed ESR files for Hong Kong IPO of up to $1.5 billion

Logistics real estate developer ESR Cayman, backed by private equity firm Warburg Pincus, has filed for a Hong Kong initial public offering of at least us$1 billion, two sources said, with one saying the size may be as much as US$1.5 billion.ESR joins a thinner pipeline of companies looking to go public in the Asian hub this year, after Hong Kong overtook all other venues in terms of IPO volume last year, with companies raising US$36.3 billion.But while 2018 was a bumper year in terms of…

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By | 2019-03-01T11:34:46+00:00 March 1st, 2019|Business|Comments Off on Warburg Pincus-backed ESR files for Hong Kong IPO of up to $1.5 billion