FedEx Announces Conditional Agreement for All-Cash Public Offer for InPost

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announced a conditional agreement for an all-cash public offer for all issued and outstanding shares of InPost S.A. at an offer price of €15.60 per share, cum dividend. Post-completion, the consortium will be structured with FedEx holding 37%, Advent holding 37%, A&R Investments holding 16%, and PPF holding 10%. The offer is subject to customary closing conditions, including regulatory approvals. FedEx intends to fund its portion of the offer using available cash balances, existing or new liquidity sources, or a combination thereof. Once completed, InPost will continue to operate as a standalone company, and commercial agreements will be established between InPost and FedEx.

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About FedEx Corporation

FedEx Corporation is a multinational delivery services company known for its air and ground shipping capacities. Established in 1971, FedEx provides a wide range of logistics services, including express transportation, freight forwarding, and e-commerce solutions to businesses and consumers alike. With a strong focus on innovation and efficiency, FedEx has developed advanced tracking systems and time-definite delivery services, setting standards in the express delivery industry. The corporation operates in various segments such as FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, each tailored to meet specific logistics needs worldwide. FedEx plays a crucial role in global commerce, facilitating the timely exchange of goods and documents across borders, impacting industries like retail, healthcare, and manufacturing. In a digital age where immediate delivery is paramount, FedEx's infrastructure and expertise make it integral to the supply chain and distribution networks that drive the modern economy.