U.S.-based trucking and logistics company Forward Air Corp. $FWRD has emerged as a potential acquisition target, with major private equity firms including Blackstone Inc. $BX and Apollo Global Management Inc. $APO signing confidentiality agreements to evaluate a possible buyout, according to sources familiar with the situation. The growing attention underscores broader consolidation dynamics within the U.S. logistics sector, as investors seek to capitalize on operational inefficiencies, digital transformation, and industry fragmentation.
The British investment fund Warehouse REIT, specializing in warehouse and logistics real estate, announced that it is reviewing a potential final takeover offer from Blackstone. The deal is valued at £489 million (approximately $631.5 million). The company indicated that it might recommend the offer to its shareholders, provided Blackstone issues a firm proposal.
European online company Adevinta ASA $ADEVY is actively finalizing negotiations to sell its stake in the Austrian digital marketplace Willhaben. The involvement of heavyweight investment firms such as Blackstone Inc. $BX and Permira highlights the significance of this event for both the asset and the market as a whole.
Recent reports in Bloomberg News have highlighted the remarkable earnings of Blackstone's CEO, Steve Schwarzman $BX, underscoring his pivotal role in shaping the firm’s success as a financial heavyweight with assets under management exceeding US$1.1 trillion.
Blackstone Inc. $BX is actively negotiating the acquisition of VaxCare Corp. for approximately $1.7 billion, including debt. This news has significant implications not only for the investment community but also for stakeholders in the vaccine and healthcare markets.
