The majority shareholder of Indian express delivery firm Blue Dart Express Ltd. has offered to buy out all outstanding shares at 550 rupees a share, the company said on Monday.
Blue Dart board would meet on August 17 to consider the offer from DHL Express (Singapore) Pte. Ltd., which owns 81.03 percent of the company, and take a decision on consequent delisting.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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