ESR Owners Are Said to Mull Options for $5 Billion Firm (1)

ESR Group Ltd.’s top shareholders are studying options for the Asian warehouse developer following major declines in the company’s shares, according to people with knowledge of the matter.

Some of ESR’s largest investors have been fielding pitches from potential advisers on options including taking the company private, the people said. ESR has also attracted preliminary interest from suitors looking at the company or some of its major assets, said some of the people, who asked not to be identified because the information is private.

Shares of Hong Kong-listed logistics firm jumped as much as 10.2% to HK$10.30 on Wednesday ...