FedEx, Advent-led Consortium Gets EU Approval for InPost Acquisition
MT Newswires Live
Aug 18
FedEx (FDX), Advent and A&R Investments have received European Commission approval to acquire InPost, the regulator said Tuesday.
The Commission said it has cleared the transaction under the EU Merger Regulation following a normal merger review procedure.
The transaction, which covers small parcel delivery services in Poland, Italy, Portugal and Spain, would have a limited impact on competition, with InPost and FedEx operating largely complementary business models and customers able to switch between suppliers, the regulator said.
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