Advent, FedEx-led consortium to buy parcel locker company InPost
Reuters
Feb 09
Advent, FedEx-led consortium to buy parcel locker company InPost
Feb 9 (Reuters) - A consortium led by holding firm Advent and FedEx FDX.N has agreed to buy InPost INPST.AS for 15.60 euros per share, valuing the European parcel locker company at 7.8 billion euros ($9.2 billion), the companies involved in the deal said in a statement on Monday.
They expect the transaction to close in the second half of this year.
($1 = 0.8445 euros)
(Reporting by Alessandro Parodi in Gdansk, editing by Milla Nissi-Prussak)
((Alessandro.Parodi@thomsonreuters.com;))
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.