
Delhivery to acquire Ecom Express for Rs 1,407 crore in all cash deal – The Times of India
In a big move for the logistics industry, Delhivery has announced its acquisition of Ecom Express in an all-cash deal valued at Rs 1,407 crore. This deal, which marks the largest consolidation in the sector, comes at a time when Ecom Express has been grappling with financial difficulties and has recently cancelled its plans to…