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Transportation M&A image Transportation M&A » By The Online Investor Staff, updated Fri., Mar. 29, 3:40 AM Recent mergers and acquisitions in the Transportation M&A category.

Slide #2. FedEx Corp. Supaswift Businesses in Southern Africa

Acquirer: FedEx Corp. (NYSE:FDX)
Acquiree: Supaswift Businesses in Southern Africa
Details: FedEx Corp. (NYSE:FDX) announced today that its FedEx Express subsidiary has completed the acquisition of Supaswift businesses in South Africa and six other countries, which are Botswana, Malawi, Mozambique, Namibia, Swaziland and Zambia. The acquisition process began in June 2013.

FedEx is a holding company. Through its subsidiaries, Co. provides a portfolio of transportation, e-commerce, and business services through operating companies operating digitally as one FedEx. Co.'s Federal Express Corporation subsidiary is an express transportation company, providing delivery to various countries and territories. Co.'s FedEx Ground Package System, Inc. subsidiary (FedEx Ground) is a North American provider of small-package ground delivery services. FedEx Ground provides day-certain service to any business address in the U.S. and Canada, as well as residential delivery to U.S. residences through its FedEx Home Delivery service.

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Company Name: 
FedEx Corp
Stock buyback: 
FDX buyback
Website: 
www.fedex.com
Sector: 
Airlines
Number of ETFs Holding FDX: 
102
Total Market Value Held by ETFs: 
$7.44B
Total Market Capitalization: 
$71.11B
% of Market Cap. Held by ETFs: 
10.47%
 

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Buy (3.15 out of 4)
37th percentile
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