Air Freight & Courier Services

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Singapore Post Ltd's Famous Holdings Pte Ltd acquired stake in Famous Pacific Shipping (NZ) Limited

Wednesday, 14 Jan 2015 06:37am EST

Singapore Post Ltd:Acquired 90 pct stake in Famous Pacific Shipping (NZ) Limited (FPSNZ) through its subsidiary Famous Holdings Pte Ltd.Says Famous Holdings Pte Ltd has paid an initial consideration of NZ$3.6 mln for the stake (subject to working capital adjustments) and certain debts owing by FPSNZ to the vendors.A potential earn-out consideration of effectively up to NZ$4.4 mln based on the adjusted actual net profit after tax of FPSNZ may also become payable, potentially bringing the total consideration up to NZ$8.0 mln.

DX (Group) PLC announces acquisition of certain assets from City Link

Tuesday, 6 Jan 2015 02:00am EST

DX (Group) PLC:Says it has reached agreement with the Administrators of City Link Ltd (City Link) to acquire certain City Link assets, comprising cages, scanners and certain intellectual property, for a total cash consideration of 1.125 mln Pounds.

Y.U.D. yangtze River Investment Industry announces capital injection in Shanghai-based engineering management company

Monday, 5 Jan 2015 07:00pm EST

Y.U.D. yangtze River Investment Industry Co Ltd:To invest 100 mln yuan into Shanghai-based engineering management company (target company), to hold 80 pct stake up from 0 pct stake.The target company is engaged in investment management business.

Super Group Ltd update on the acquisition of Allen Ford (UK) Limited

Wednesday, 17 Dec 2014 05:10am EST

Super Group Ltd:Says all conditions precedent for the Allen Ford Acquisition have been fulfilled and the transaction is unconditional.Says the completion date of the Allen Ford Acquisition will be Dec. 19.

FedEx Corp announces acquisition of Bongo International

Tuesday, 16 Dec 2014 04:00pm EST

FedEx Corp:Says it acquired Bongo International, a company into cross border enablement technologies and solutions.Bongo International's capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global e-commerce marketplace.

FedEx announces acquisition of GENCO

Monday, 15 Dec 2014 05:00pm EST

FedEx Corp:Signs an agreement to acquire GENCO, a third-party logistics providers in North America.J.P. Morgan Securities LLC and Baker & McKenzie served as advisors to FedEx on this transaction. Paul, Weiss, Rifkind, Wharton & Garrison LLP, Republic Partners, and Staley Capital served as advisors to GENCO.

Singapore Post Ltd 's indirect subsidiary announces completion of acquisition of Couriers Please Holdings Pty Limited

Monday, 15 Dec 2014 04:40am EST

Singapore Post Ltd:Refers to the announcement made on Dec. 03, in relation to the sale and purchase agreement between it's indirect subsidiary, Quantium Solutions (Australia) Pty Ltd (the Purchaser), New Zealand Post Holdings Ltd and New Zealand Post Ltd (NZP Holdings and NZPL collectively, the Sellers).Says pursuant to which the Purchaser has agreed to purchase from the sellers Couriers Please Holdings Pty Ltd, comprising 64,500,000 issued and paid-up ordinary shares owned by NZP Holdings and 44,706,231 issued non-voting redeemable preference shares owned by NZPL.Says the completion of the acquisition took place on Dec. 15.Says following the completion, the purchaser holds the entire issued and paid up share capital of CP Holdings and CP Holdings has become an indirect wholly-owned subsidiary of the company.

Y.U.D. yangtze River Investment Industry announces capital injection in Shanghai-based engineering management company

Friday, 12 Dec 2014 07:00pm EST

Y.U.D. yangtze River Investment Industry Co Ltd:To invest 100 mln yuan into Shanghai-based engineering management company to hold 80 pct stake up from 0 pct stake.The target company is engaged in investment management, engineering project management and engineering technical advisory business.

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