Against the odds: Stunning TFI International – UPS Freight's new foster parent
May the TForce be with you.
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 ...