A consortium led by Advent and FedEx will acquire parcel delivery service provider InPost for $9.2 billion
A consortium consisting of the U.S. private equity firm Advent International, FedEx, and investment companies A&R and PPF has agreed to acquire Polish parcel delivery service provider InPost for $9.22 billion.
InPost provides self-service pick-up solutions for business-to-consumer (B2C) parcels. The consortium stated that InPost has a network of 61,000 smart parcel lockers, while also offering pick-up points, drop-off locations, and door-to-door delivery services. InPost has a clear path for expansion, which can significantly scale up its network and extend services to consumers across Europe.
The consortium will pay €7.8 billion (equivalent to $9.22 billion), or €15.60 per share, representing a 50% premium over the stock price before news of the potential transaction emerged on January 2.
Upon completion of the transaction, Advent International and FedEx will each hold a 37% stake, A&R will hold 16%, and PPF will hold 10%.
As part of the transaction, PPF will sell its existing shares and reinvest part of the proceeds to ultimately hold a 10% stake in the consortium.
InPost stated that it will continue to operate under its own brand, keep its headquarters in Poland, and retain the existing management structure led by CEO Rafał Brzoska.
The deal has already received the support of shareholders holding 48% of the company’s publicly traded shares and is expected to close in the second half of this year.
Editor: He Yun
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
With future spending commitments amounting to $883 billion putting pressure on the company, Amazon opens another financing channel of up to $8 billion to support AI expansion
Amazon has secured a loan facility of up to $80 billion for the procurement of technology infrastructure assets, which can be utilized between the first quarter of next year and the third quarter of the following year. As of the end of September this year, Amazon's total spending commitments reached $883 billion, an increase of 36% compared to three months ago and more than double that of a year earlier.
Forecasting the upcoming week: US midterm elections, Payrolls and BoE in the spotlight
Intel: PC Market Falters First, Foundry Plans Still "To Be Discussed Later"
Server orders are still queued, and AI demand hasn't collapsed. What has changed is pricing: PCs are constrained by memory costs, gross margin guidance is being revised downward, and external OEMs still can't be incorporated into the model. Next year, free cash flow is also likely to turn negative. The market is no longer willing to pay for an unfulfilled OEM timeline or the pace of PC recovery.
Crypto prices
More
