M&A radar: Aramex rumoured to be eyeing Toll Global Express
What’s emerged is now “a very left field selection, not the usual Australia Post/private equity rumours ...
ARABIAN BUSINESS reports:
ADQ, the Abu Dhabi-based holding company, announced on Thursday that it has acquired a 22 percent stake in Aramex, the global provider of logistics and transportation solutions.
The shares were acquired through a series of on-market transactions and through an off-market special deal, the company said in a statement, with disclosing the value of the deal.
ADQ was established in 2018 and holds a broad portfolio of major enterprises spanning key sectors including utilities, tourism and hospitality, aviation, transportation, logistics, ...
APMM's Vincent Clerc on supply chain disruption
BBG: PE firms are feasting on China’s $5.5 billion logistics M&A
SA: As 10-year Treasury yield nears 1.5%, watch out for an 'equities riot'
PR: Mondiale + Visa Global Logistics 'merge creating A$1.2bn business'
Snapshot: WiseTech Global – 1H '21 revenue & ebitda up; stock hits 2021 lows
PR: Kuehne+Nagel forms strategic partnership with Chinese pharma specialist Jointown
SA: Tesla racks up $1bn profit on Bitcoin and counting
UBS on XPO Logistics: Highlights from a fireside chat with Brad Jacobs
SCMP: JD Log IPO expands e-commerce empire of China’s largest retail company
Hapag-Lloyd – 'very strong' earnings growth expected in Q1 '21
CNBC: After oil hits 13-month high, energy analyst warns prices may be ‘too frothy’
PR: Rhenus takes over BLG freight forwarding sites and opens up new markets
SA's Honeywill: Expeditors International Of Washington – great company, shares too pricey
COMMENTS 0