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FedEx, Advent-led consortium secures over 89% of InPost shares in takeover offer

Source: reuters.com

M&A & RestructuringTransportation & Logistics
FedEx, Advent-led consortium secures over 89% of InPost shares in takeover offer

InPost said 89.81% of its shares were tendered into the acquisition offer from a consortium including FedEx, Advent International and existing InPost investors. The high tender participation indicates strong shareholder support for the proposed transaction and advances the takeover of the Polish parcel-locker operator.

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