FedEx Consortium Secures 89 Percent of InPost Shares
An Advent and FedEx consortium acquired nearly 90 percent of InPost shares in a 7.8 billion euro deal. The parcel locker operator will delist from Euronext Amsterdam and maintain its Polish headquarters.
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An investor consortium led by FEDEX CORP and Advent International secured 89.81% of INPOST SA shares on Friday morning. The acceptance rate cleared the 80% minimum threshold required for the takeover. The €7.8 billion buyout values the firm at €15.60 per share in an all-cash transaction.
