Author: Ian Taylor

Apax in Marken buy-out

A consortium comprising funds advised by Apax Partners and company management has reached agreement to acquire Marken, a company specialising in clinical trial logistics, for an undisclosed sum from Intermediate Capital Group.

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DHL see Middle Eastern promise

DHL Express has performed better in the Middle East than the rest of the world during the downturn, with the company posting an increase in volumes in the region year-to-date, said an executive of the firm, reports Emirates Business.

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FedEx predict 2Q results

FedEx announced that it expects to report earnings of $1.10 per diluted share for the second quarter ended 30 November, down 30% from $1.58 per diluted share a year ago.

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