FedEx Corp acquires Prakash Air Freight for $30 million

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FedEx Corp acquires Prakash Air Freight for $30 million
Logistics industry giant FedEx has said that they are now acquiring its Indian partner and service provider Prakash Air Freight. The deal is worth around USD 30 million.
The deal would be conducted in a cash only transaction and would require the approval of the Indian authorities. The [...]

http://business.techwhack.co/1314/prakash-air-freight/