Samskip acquires Sea Connect in move to expand Baltic operations
European multimodal and shortsea operator Samskip has expanded its Baltic operations after acquiring Lithuanian feeder ...
US truck brokerage firm Echo Global Logistics is the latest transport & logistics asset to be targeted by private equity (PE) after it announced today that its board had accepted a $1.3bn all-cash offer from PE house The Jordan Company (TJC).
Which is rich, but rich enough to actually represent a blown-out proposal?
For one thing, on a trailing 2020 clean EV/ebitda basis, Echo is valued at around 19x pre-synergies (down to 16.4x, based on EV/adjusted ebitda), but that multiple falls to ...
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