Logistic firm Delhivery Ltd and Ecom Express have sought the Competition Commission of India’s approval for their Rs 1,400-crore deal. Under the deal announced on April 5, Delhivery will acquire a controlling...
DSV gains EU green light for $15.8 billion Schenker deal
Danish logistics company DSV has secured EU antitrust approval for its 14.3 billion euro ($15.8 billion) acquisition of German rival Schenker, the European Commission said on Wednesday. DSV announced the deal for the...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crore
New-age logistics firm Delhivery said it will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash deal is a distress sale for the struggling Gurgaon...
Board of Himadri Speciality Chemical approves acquisition of Trancemarine and Confreight Logistics
The Board of Himadri Speciality Chemical at its meeting held on 03 April 2025 has approved the acquisition of 60% paid-up equity share capital of Trancemarine and Confreight Logistics for a purchase consideration of Rs...
Germany’s DHL to acquire US pharma logistics firm Cryopdp
DHL said on Monday it will acquire U.S. pharmaceutical logistics firm Cryopdp as part of the German company’s efforts to grow its operations in the pharma sector, confirming an earlier report by Reuters. DHL did...
Logistics startup Shadowfax acquires CriticaLog
Flipkart-backed hyperlocal logistics startup Shadowfax has acquired logistics firm CriticaLog for an undisclosed amount. The acquisition will enable it to expand its offerings by introducing tailored, high-value...
China’s Vanke in talks to sell logistics firm stake to GIC, source says
Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, a person with knowledge of the matter said. The financial details...
Allcargo looks to unlock value in Gati, taps Avendus for PE raise
Allcargo Logistics Ltd is looking to sell 25-40% stake in its subsidiary Allcargo Gati Ltd which it acquired nearly five years ago, two people aware of the development said. The company has hired investment bank Avendus...
UK watchdog finds competition concerns in GXO Logistics-Wincanton deal
Britain’s competition watchdog said on Friday the acquisition of Wincanton by U.S.-based warehousing firm GXO Logistics, for 762 million pounds ($983.97 million), could reduce competition and raise prices for...
GXO Logistics explores sale after receiving takeover interest, source says
GXO Logistics, a provider of logistics services with a market value of roughly $6 billion, is exploring a potential sale after receiving takeover interest, according to a person familiar with the matter. GXO, which was...
Deutsche Bahn supervisory board narrowly clears sale of Schenker to DSV
Deutsche Bahn’s (DBN.UL) supervisory board on Wednesday narrowly approved the sale of its profitable logistics business Schenker to Denmark’s DSV, batting away union opposition and pushback from rival bidder...
Nandan Nilekani’s wife acquires Rs 8.55 crore stake in this small-cap logistics firm
Rohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased shares worth Rs 8.55 crore in logistics firm Allcargo Gati via open market transactions on Thursday. Rohini Nilekani’s...
