Blackstone Bets on E-Commerce With $18.7 Billion Logistics Deal

Jun 03 2019, 1:49 AMJun 03 2019, 2:26 AMJune 03 2019, 1:49 AMJune 03 2019, 2:26 AM

(Bloomberg) -- Blackstone Group LP is making a huge bet on the future of e-commerce, agreeing to buy $18.7 billion of U.S. logistics assets from Singapore’s GLP Pte in what it says is the world’s b...