YTO Express to list via reverse merger

YTO Express to list via reverse merger

YTO Express reportedly plans to go public via a 17.5bn yuan ($2.7bn) merger with the listed clothing maker, Dalian Dayang Trands. According to an article published by Reuters on Wednesday (23 March), Dalian Dayang Trands said in an exchange filing this week that it would buy YTO Express through an asset swap and share issue, resulting in a backdoor listing on the Shanghai bourse for the courier.

YTO Express, one of China’s leading carriers, is backed by Alibaba.

Relevant Directory Listings

Listing image

KEBA

KEBA is an internationally successful high-tech company with headquarters in Linz (Austria) and subsidiaries worldwide. KEBA is active in the three operative business areas: Industrial Automation, Handover Automation and Energy Automation. The company has been developing and producing for more than 50 years according to […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This