Thursday, October 15, 2015

SingPost buys US e-commerce provider TradeGlobal for US$168.6M

The acquisition will allow SingPost’s clients in Asia Pacific to expand to the US Singapore Post Ltd (SingPost) is acquiring a 96.3 per cent stake in US e-commerce provider TradeGlobal for S$236 million (US$168.6 million), according to an official release. The acquisition will be made through SingPost’s indirect wholly-owned subsidiary, TG Acquisition Corporation. SingPost said...
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