The Online Investor
Transportation M&A image Transportation M&A » By The Online Investor Staff, updated Sat., Jan. 23, 10:15 AM Recent mergers and acquisitions in the Transportation M&A category.

Slide #49. FedEx Corp. Supaswift (Pty) Ltd.

Acquirer: FedEx Corp. (NYSE:FDX)
Acquiree: Supaswift (Pty) Ltd.
Details: FedEx Corp. (NYSE:FDX) announced today that it has completed the first stage of a strategic acquisition by signing agreements to acquire the businesses operated by its current service provider Supaswift (Pty) Ltd. in five countries in Southern Africa, including South Africa, Malawi, Mozambique, Swaziland and Zambia, and is also in discussions to acquire Supaswift's businesses in Botswana and Namibia. These acquisitions will operate under the FedEx Express business unit and the transaction is subject to necessary regulatory approvals and customary closing conditions.

FedEx is a holding company. Through its subsidiaries, Co. provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. These companies are included in the following business segments: Federal Express Corporation, including TNT Express B.V., which is an express transportation company; FedEx Ground Package System, Inc., which provides small-package ground delivery services; FedEx Freight Corporation, which provides less-than-truckload freight services; and FedEx Corporate Services, Inc., which provides sales and customer service to its transportation segments.

FedEx SEC Filing Email Alerts Service


Open the FDX Page at The Online Investor »

Company Name: 
FedEx Corp
Stock buyback: 
FDX buyback
Website: 
www.fedex.com
Sector: 
Airlines
Number of ETFs Holding FDX: 
107
Total Market Value Held by ETFs: 
$6.61B
Total Market Capitalization: 
$66.79B
% of Market Cap. Held by ETFs: 
9.90%
 

Open the FDX Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Buy (3.48 out of 4)
56th percentile
(ranked higher than approx. 56% of all stocks covered)

Analysts' Target Price:
FDX Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Transportation M&A - Slide 49 of 82 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.