Hubei Yichang Transportation Group Co Ltd : * Says the co completes acquisition of 35.31 percent stake in Hubei logistics firm (project company) * The project company becomes the wholly owned subsidiary of the...
Super Group announce acquisition of Fleet Hire
Super Group Ltd : * Acquisition of Fleet Hire by SG Fleet Group * Acquisition of a UK company, Fleet Hire, a provider of contract hire, salary sacrifice, short-term rental and fleet management services * Total value of...
Hapag-Lloyd warns on profit, seals UASC merger deal
German container line Hapag-Lloyd warned investors that profit would fall in 2016 and signed a binding agreement with Arab peer UASC to form the world’s fifth-largest shipping company in response to a global...
Macquarie Bank sells entire stake in Gati over legal war
MUMBAI: The Australian investment bank Macquarie Bank has sprung a surprise and decided to go back on its bet on leading logistics and express delivery service provider GatiBSE 0.17 % Ltd, by cashing out of its entire 5...
CAI International buys Hybrid Logistics and General Transportation Services
CAI International Inc * CAI International announces the acquisition of Hybrid Logistics Inc and General Transportation Services Inc * Deal for $12 million * Says expect that transaction will be immediately accretive to...
Aegis Logistics – Buy Back Offer
Karvy Investor Services Ltd ("Manager to the BuyBack") on behalf of Aegis Logistics Ltd ("Target Company") has issued this Public Announcement for Buy Back to the Equity Shareholders / Beneficial...
EXL acquires Schneider Logistics’ operations in Czech Republic
Nasdaq-listed EXL Service has acquired the operations of European logistics provider Schneider Logistics in the Czech Republic. The facility currently provides transaction processing services to Schneider and its...
Sealand sells stake in Gateway Distripark
Logistics services provider Gateway Distriparks said today that the US-based port operator Sealand Terminals has reduced its stake in the company to 3.64 per cent after selling shares worth Rs 17.59 crore, through the...
Alibaba-backed courier YTO Express to list via $2.7 billion reverse merger
Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China’s...
French major FM Logistics buys Pune firm Spear Logistics.
An SME-focused private equity fund Ambit Pragma today said that it has sold majority stake in Pune-based Spear Logistics to French multinational FM Logistic for an undisclosed amount. Ambit Pragma, a small-cap growth...
Sysco to Acquire European Food Distributor Brakes From Bain
Sysco Corp. agreed to buy food-service distributor Brakes Group from private equity firm Bain Capital in a $3.1 billion deal, including $2.3 billion in debt, giving the company a bigger foothold in Europe. Brakes had...
Asia Climate Partners to pick stake in ColdEX.
Private equity fund Asia Climate Partners is set to pick up India Equity Partners’ minority stake in Gwalior-based cold chain logistic company ColdEX Logistics, people close to the development said. Asian...
