Logen Logistic News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Logen logistic. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Logen Logistic Today - Breaking & Trending Today
Logen Logistics considering IPO again Posted : 2021-05-03 16:56 By Anna J. Park Logen Logistics is considering going public again thanks to the steady rise of both its corporate valuation and net profits, amid the boom in the logistics and delivery business during the global pandemic. According to the investment banking industry, Monday, the parcel delivery company is pursuing an initial public offering (IPO) again, after two previous failed attempts in 2016 and 2019. Since then, the delivery company has been put up for sale several times by its majority stakeholder, the Hong Kong-based Baring Private Equity Asia (BPEA), but efforts to sell the company were unrealized due to the huge difference in price. ....