Chinese e-commerce giant JD.com Inc.’s real estate unit has made an about HK$3.99 billion ($513.45 million) offer to buy a controlling stake in storage facilities manager China Logistics Property Holdings, the companies said in a joint exchange filing on Friday.
JD Property Group offered to buy a 26.38 percent stake in China Logistics for HK$4.35 per share from its top shareholder, Yupei International Investment Management.
