The M&A binge and appetite in logistics isn’t subsiding and eagerness to do deals is seemingly unabated. Fair enough.
But what has changed in the past few weeks, arguably, is the urgency to get them done quickly, if rich exit multiples are the coveted target for the seller, due to a significantly greater degree of uncertainty and volatile stock markets.
A case in point is the (not-so) “private auction”, as one source …
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Source: The Loadstar