FedEx-led nine billion dollar InPost buyout opens May 26
A FedEx-led consortium will launch a nine billion dollar buyout for InPost on May 26. The deal requires eighty percent shareholder support for completion.
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INPOST SA said a $9 billion buyout offer from a FEDEX CORP consortium will open from May 26 through July 27. The €15.60 per share cash bid aims to create a European parcel locker leader from the Poland-based firm. Investors must tender 80% of shares to finalize the deal and delist InPost from Euronext Amsterdam.
