REUTERS reports: “Freight logistics provider Flexport Inc is in talks to raise around $500 million in a deal led by SoftBank Group Corp, news website Axios reported on Wednesday citing sources familiar with the matter.
The post RTR: Flexport in …
Panalpina is set to reject DSV’s offer of Sfr170 per share, according to sources close to the deal, despite an appeal by one Panalpina shareholder.
Sources told Loadstar Premium last night DSV had already offered up to Sfr200 per share, …
ASL Aviation, the company which bought TNT’s air operations after its acquisition by FedEx, has been bought by Star Capital, a European private equity firm.
The fund manager bought the airline group from Compagnie Maritime Belge, which held a 51% …
Embattled UK transport secretary Chris Grayling could come under more pressure, this time as a US land developer looks again at acquiring Kent’s Manston Airport to run it as a full-freighter gateway.
Riveroak Strategic Partners (RSP) has attempted to buy …
Maersk has taken another step towards offering a complete logistics service, as the lines between carriers and forwarders continue to blur.
The news came as CMA CGM made a public tender offer on Tuesday of Sfr30 for the remaining 49.4% …
Market sources close the Sfr4bn takeover of Panalpina (PAN) by DSV have said that the board of directors of the Swiss 3PL are set to formally reject the Danish company’s initial proposal, which was offered at Sfr170 a share.
“DSV …
Fruitnet reports: “AP Moller-Maersk has acquired Vandegrift, a US-based customs house broker, representing its first acquisition of the year in what it described as the fast-growing logistics sector.”
PRESS RELEASE
PRESS RELEASE
Maersk targets Logistics & Services for 2019 growth…
