Reports: Freight forwarder Forto looking for a buyer [Yahoo! Finance]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
Forto is reportedly working with bankers to find a buyer. (Photo: Jim Allen/FreightWaves) As freight rates stabilize, geopolitical changes influence trade and economic conditions drive consolidation, mergers and acquisitions are positioned to reshape the global shipping industry. Freight forwarder Forto could be the next company in line. The Berlin-based company is working with investment bank Moelis & Co. for a merger or sale, according to reports in The Information. A person involved in the discussions said the freight forwarder has reached out to a number of competitors to discuss potential deals, although those talks have been early stage discussions and might not come to fruition. Forto has raised over $600 million since its founding in 2016. Michael Wax, Forto's co-founder who stepped down last week as CEO, told The Information that there was “no process ongoing right now.” Whether Forto secures a deal or not, macroeconomic factors indicate that 2025 could be a pivota
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News
- Moelis & Company (NYSE:MC) was downgraded by analysts at Keefe, Bruyette & Woods from an "outperform" rating to a "market perform" rating. They now have a $80.00 price target on the stock.MarketBeat
- Moelis & Company (NYSE:MC) had its "neutral" rating reaffirmed by analysts at UBS Group AG. They now have a $70.00 price target on the stock.MarketBeat
- Moelis & Company: Dividend Income Appears More Attractive Than Current Growth Prospects [Seeking Alpha]Seeking Alpha
- Moelis (MC) Stock Trades Up, Here Is Why [Yahoo! Finance]Yahoo! Finance
- Moelis CEO Navid Mahmoodzadegan to Speak at the Goldman Sachs US Financial Services ConferenceBusiness Wire
MC
Earnings
- 10/29/25 - Beat
MC
Sec Filings
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- MC's page on the SEC website