FedEx

FedEx-led group completes $8.9B buyout of Poland’s InPost

A consortium led by FedEx and Advent International completed its tender offer for Polish parcel-locker operator InPost on Friday after securing approximately 89.81% of shares, surpassing the 80% minimum acceptance condition and paving the way for one of Europe's largest…

CMA CGM nears $1.4B deal for FedEx logistics unit

French container shipping giant CMA CGM is in advanced talks to acquire FedEx's third-party logistics business for approximately $1.4 billion in cash, according to the Financial Times. A deal could be finalized as soon as Wednesday, the report said.