selling buying © Bota Zsolt
© Bota Zsolt


FedEx is nearing a deal to acquire a stake in German peer Hermes, according to Handelsblatt.

The US group is reportedly looking for a strategic partner to grow its European parcel delivery presence. 

Advent International is reportedly in the running to buy a holding in Hermes’ UK operations.

The company is part of the Otto Group.

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