FedEx in advanced talks to sell logistics business to CMA CGM for $1.4B: report
Seeking Alpha ·
French container shipping group CMA CGM is nearing a deal to buy FedEx’s ( FDX ) third-party logistics business for $1.4B in cash, the Financial Times reported, citing people familiar with the matter. Talks between the companies for FedEx Supply Chain are at an advanced stage, and a deal could come together as soon as Wednesday. FedEx: Time To Consider Taking Profits (Rating Downgrade) FedEx Q4: The Pivot You Can't See On The Income Statement FedEx Corporation (FDX) Q4 2026 Earnings Call Transcript SA analyst upgrades/downgrades: MU, LOW, FDX, SPOT FedEx to buy back up to $4.15B of its debt using freight spin-off cash
DYAX Investor Sentiment
Bullish (Long) 68% · Bearish (Short) 32%
398 participants
Related News
- Aegon kicks off €200M share buyback slated through December 2026
- South Korea watchdog says Google stifled Android app store competition
- Tessenderlo to buy ~20% stake in FMC Corp for $400M
- Sezzle Still Looks Attractive at Its Current Level
- Li Auto June deliveries slip 15% Y/Y
- Australia's manufacturing PMI hits 5-month high of 51.5 in June