News Snapshot:
(Bloomberg) -- Shanghai ANE Logistics Ltd., a less-than-truckload shipping operator backed by Carlyle Group Inc., is weighing a Hong Kong initial public offering that could raise about $500 million, according to people with knowledge of the matter. The logistics firm has picked China International Capital Corp. and JPMorgan Chase & Co. to lead the first-time share sale, which could happen as soon as this year, the people said. The Shanghai-based company plans to file for the IPO by the end of March, said one of the people, who asked not to be identified as the information is private. Deliberations for...
