Business

FedEx and Advent want to buy InPost. Shares skyrocketed


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InPost shares during the session moved within a narrow range of EUR 15.05-15.20, clearly close to the proposed takeover price. Already at the opening, the quotations reached EUR 15.12 and remained close to the levels resulting from the transaction conditions throughout the day, which showed that the market took the offer very seriously.

Earlier on Monday it was announced that Advent International and FedEx have agreed on the terms of acquisition of InPost, valuing the company at EUR 7.8 billion, or approximately USD 9.2 billion.. The announced tender offer is to cover all shares and will be a cash offer with a price 15.60 euros per share.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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