takeover merger
Diane Picard

UK freight service provider Xpediator is reportedly bidding up to acquire Intereuropa, a troubled Slovenian road transport operator and air and ocean freight forwarder.

The rival bidder is Pošta Slovenije, according to local press reports confirmed by our sources.

In a sale process run by PricewaterhouseCoopers on behalf of the target’s creditors, Xpediator has reportedly offered €115m – some €10m more than Pošta Slovenije. PwC continues the negotiations with both bidders, “but the take-out price is really high, if you ask me,” one trade ...

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