HONG KONG, May 10, 2024 – (ACN Newswire) – The Hong Kong-listed company ESR (01821.HK) has once again been reported to have progress in privatization this week. According to informed sources, the American investment group Warburg Pincus is leading a consortium planning to privatize ESR, a warehousing and logistics development and operation services provider. This news indicates that the ESR board has received a formal tender offer from the consortium, proposing to privatize ListCo for $7-8 billion. Based on ESR’s current market value, the potential privatization premium is approximately 40% to…