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Sendy, a logistic firm hints at shutting down, acquisition

Sendy, a logistic firm hints at shutting down, acquisition
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Keppel Capital to Acquire Aermont Capital

Singapore-based Keppel Corporation said its unit Keppel Capital Holdings will acquire all issued voting shares in European asset manager Aermont Capital in two tranches, for a maximum sum of S$ 1.35 billion. Keppel Capital will buy 50% stake in Aermont for a maximum amount of 356.9 million euros in the first half of 2024, and…

Kenyan logistics startup Sendy shuts down, embarks on asset sale

Meshack Alloys, Sendy co-founder, confirmed the sale to TechCrunch but declined to offer further details.

Kenyan logistics startup Sendy shuts down, embarks on asset sale

Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch has learned. Last July, it announced a 10% cut of its workforce, which Alloys noted was in response to the “current realities impacting tech companies globally.” Since then, however, Sendy’s workforce has been pruned further in more cost-cutting measures (shuttering a product line and exiting a market).

Terreno Realty (NYSE:TRNO) versus Keppel REIT (OTCMKTS:KREVF) Critical Comparison

Terreno Realty (NYSE:TRNO – Get Free Report) and Keppel REIT (OTCMKTS:KREVF – Get Free Report) are both mid-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, institutional ownership, valuation, dividends and analyst recommendations. Analyst Ratings This is a breakdown of […]

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