Advent, A&R and PPF already own stakes in InPost. Advent had bought a majority stake in 2017 but has since reduced its ownership to 6.5%, while A&R and PPF own 12.49% and 28.75%, respectively, according to the InPost website.
Baker McKenzie is advising FedEx Corporation and a consortium including Advent, A&R and PPF on a conditional agreement for a recommended all-cash offer for InPost at an offer price of EUR 15.60 (cum dividend) per share.
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A consortium led by holding firm Advent and FedEx has agreed to buy InPost for €15.60 per share, valuing the parcel locker company at €7.8 billion and aiming to further expand its reach across Europe, the companies said today.
Advent, A&R and PPF already own stakes in InPost. Advent had bought a majority stake in 2017 but has since reduced its ownership to 6.5 percent, while A&R and PPF own 12.49 percent and 28.75 percent, respectively, according to the InPost website.
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FDX) and private equity firm AdventInternational has reached a definitive agreement to acquire InPost S.A ... Under the terms of the agreement, FedEx and Advent International will each hold a 37% stake in the newly private entity.