Aramex confirms in talks to buy Turkish delivery company MNG Kargo

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Dubai-listed Aramex , partly owned by Abu Dhabi state investor ADQ, said on Sunday it is in talks to buy Turkish delivery company MNG Kargo.

A delivery staff member wearing a protective mask unloads parcels from a vehicle outside Aramex office amid the coronavirus disease crisis, in Bethlehem in the Israeli-occupied West Bank July 19, 2020. REUTERS/Mussa Qawasma, partly owned by Abu Dhabi state investor ADQ, said on Sunday it is in talks to buy Turkish delivery company MNG Kargo.

"We would like to confirm to the market and shareholders that the company has recently entered into discussions with the shareholders of MNG Kargo for a potential acquisition," it said in a bourse filing, confirming a Reuters story last week.In the Reuters story, one of the sources familiar with the matter had said the potential deal could be worth as much as $500 million. It comes as relations between regional rivals the United Arab Emirates and Turkey show signs of improvement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great respected hounrable Super iron lady ji को प्रणाम नमन She is future of asia We all have to Remember the contribution Of great mother teresa ( or sister teresa ) for helping and free service for all without discrimination, So gender equality are must and first for new era

Work with someone who will bring positive changes into your life LisaDonalldT has brought peace into my life and that of my house hold and I will always appreciate her for the good work.

good

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines