Delhivery to acquire Ecom Express in Rs 1,407 crore deal – The Times of India
MUMBAI: Delhivery is acquiring rival Ecom Express in an all-cash deal for 1,407 crore, the company said in a stock exchange filing on Saturday. The transaction, which marks consolidation in the new-age logistics space, comes amid mounting troubles for Ecom Express, which stalled its public listing plans and laid off at least a few hundred…