
A consortium led by FedEx and private equity firm Advent International has completed its tender offer for InPost, Poland's parcel-locker network, securing nearly 90 percent of shares in an all-cash deal worth about $8.9 billion. The acquisition gives FedEx a major new foothold in Europe's fast-growing out-of-home delivery market.

World · Sep 21 · L1-L4

Science · Sep 21 · L1-L4