UPS is on the verge of buying Italian healthcare logistics provider Bomi Group, WSJ reports - News Summed Up

UPS is on the verge of buying Italian healthcare logistics provider Bomi Group, WSJ reports


United Parcel Service (UPS) vehicles are seen at a facility in Brooklyn, New York City, the United States, on May 9, 2022. REUTERS/Andrew KellySign up now for FREE unlimited access to Reuters.comto registerAug 7 (Reuters) – United Parcel Service Inc is close to a deal to acquire Italian healthcare logistics company Bomi Group, the Wall Street Journal reported on Sunday. The deal, worth hundreds of millions of dollars, could close as early as Monday, the report said, citing people familiar with the matter. (https://on.wsj.com/3BOoINA)UPS did not immediately respond to a request for comment from Reuters, while Bomi Group was not immediately available for comment after business hours. Sign up now for FREE unlimited access to Reuters.comto registerReporting by Jahnavi Nidumolu in Bengaluru; Edited by Muralikumar AnantharamanOur standards: The Thomson Reuters Trust Principles.


Source: Wall Street Journal August 08, 2022 00:46 UTC



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