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JD.com among possible bidders for British parcel company Evri, Reuters reports [CNBC]
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Reuters reported earlier this year the owner of Evri was working with advisers on options, including a potential sale of the business, which could be valued at around 2 billion pounds ($2.53 billion) including debt. JD.com is through to the second stage of bidding after submitting a non-binding offer last month, the people said. Other potential bidders include Polish parcel locker firm InPost and Chinese e-commerce giant Alibaba Group 's logistics arm, Cainiao, the people said. The companies' interest may or may not result in a final offer, one of the people cautioned, who requested anonymity as the matter is confidential. Private equity fund Advent International owns a 75% stake in Evri, while German mail order company Otto Group holds the remainder of the business. Evri referred requests for comment to Advent, which declined to comment. Otto Group declined to comment. JD.com and Alibaba did not respond to a request for comment. InPost, in which Advent has a stake 15% stak
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- JD.com considers acquisition of British parcel company Evri [Yahoo! Finance][Yahoo! Finance]
- S&P 500, Nasdaq set new record highs, Dow pops by 160 points [Yahoo! Finance][Yahoo! Finance]
- JD.com interested in buying UK delivery company Evri - report [Seeking Alpha][Seeking Alpha]
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