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CCI clears Delhivery’s Rs 1,400-cr acquisition of Ecom Express, 99.4% stake to give firm control, boost scale in e-commerce logistics ...
Delhivery Limited and Ecom Express seek CCI approval for ₹1,400-crore deal, enhancing logistics services in Indian e-commerce industry.
Ecom Express acquisition will improve scale, profitability; poses low integration risk, says Delhivery Delhivery says integration risk is lower as there is almost a '100 percent overlap' in the ...
Logistics major Delhivery has said that its INR 1,407 Cr acquisition of Ecom Express will help it improve scale and shore up profitability.
Mumbai: Logistics services provider Delhivery on Saturday announced acquisition of Ecom Express for a cash consideration of about Rs 1,400 crore to scale up its business.
Delhivery acquires Ecom Express for ₹1,400 crore, marking a major consolidation in India's logistics sector.
Delhivery to acquire Ecom Express for Rs 1,400 cr cash to scale up biz In a regulatory filing, the company said it has "signed a definitive agreement to acquire a controlling stake in Ecom Express ...
Delhivery to acquire Ecom Express for Rs 1,400 crore cash to scale up business | Here are details The completion of the transaction is subject to approval from the Competition Commission of India ...
In a significant acquisition, Delhivery is set to purchase Ecom Express for Rs 1,407 crore, consolidating its position in the logistics sector. Ecom Express has faced financial challenges and ...
Delhivery Limited has received Board approval to acquire nearly 99.4% of Ecom Express Limited's share capital for up to ₹1,407 crore.
Delhivery Limited has announced the acquisition of a 99.4% stake in Ecom Express Limited, a rival logistics solutions provider, for a cash consideration of up to Rs 1,407 crore ($169.5 million).
Delhivery's acquisition of Ecom Express is expected to expand the scale of operations for the logistics company.
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