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Evening Standard
Evening Standard
Business
Holly Williams

InPost agrees £6.8bn takeover by FedEx and private equity-led consortium

The consortium has offered £13.59 a share for Polish-headquartered InPost (Alamy/PA) -

Parcel locker group InPost has agreed to be bought by a consortium led by delivery giant FedEx and private equity firm Advent for 7.8 billion euros (£6.8 billion) as it aims to expand further across the UK and Europe.

The consortium has offered 15.60 euros (£13.59) a share for Polish-headquartered InPost, which is 17.3% higher than the firm’s closing price in Amsterdam on Friday, and 50% above its share price in January before it revealed a takeover approach from an unnamed suitor.

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