14 Days
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الاقتصادية
FedEx Approaching €7.8B PostNL Buy
Polish company "In Post" announced that it has received an acquisition offer for 89.81% of its shares from a coalition including "FedEx," "Advent International," and other investors, surpassing the minimum threshold required for completion of 80%. The deal was valued at approximately €7.8 billion ($8.95 billion), with a cash offer of €15.60 per share. "In Post" is expected to continue operating under its current name, maintaining its management structure and headquarters in Poland. Its shares will be delisted from Euronext after the transaction is finalized. "In Post" is one of the largest automated parcel locker networks in Europe and is currently facing challenges from increased competition and higher investment spending since its IPO in 2021.
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