The European Commission approved a FedEx-led consortium to take over Polish parcel operator InPost in a €7.8 billion deal. If completed, the group will buy all shares for €15.60 each, with FedEx and Advent holding 37% each, and PPF and A&R holding 28.75% and 12.49%. The merger still awaits Vietnam approval expected by 8 September, while InPost’s EBITDA fell 4% to 902 million zloty.
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