MingZhu Logistics Agrees to Acquire Oxylus Global; Company Targeting Continued Aggressive Diversification and Growth Acceleration Strategy
MingZhu Logistics Holdings Limited - Ordinary Shares (YGMZ)
Company Research
Source: PR Newswire
NEW YORK and SHENZHEN, China, May 31, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has agreed to acquire Oxylus Global Inc ("Oxylus")., as part of its continued aggressive business diversification and growth acceleration strategy. The closing of the all-stock acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to be completed by the end of calendar year 2024.The Company noted the latest phase of its business diversification and growth acceleration strategy targets globally leading, transformational technologies, which it believes will serve as important building blocks in the ongoing modernization of the traditional logistics industry into a high-performance satellite and AI-based services platform, including intelligent logistics networks, precious metal exchanges and securitization to
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News
- MingZhu Logistics Agrees to Acquire Oxylus Global; Company Targeting Continued Aggressive Diversification and Growth Acceleration Strategy [Yahoo! Finance]Yahoo! Finance
- MingZhu Logistics Partners with Carbonomi Group to Build High-Performance Satellite-Based Intelligent Logistics Network [Yahoo! Finance]Yahoo! Finance
- MingZhu Logistics Partners with Carbonomi Group to Build High-Performance Satellite-Based Intelligent Logistics NetworkPR Newswire
- MingZhu Logistics to Acquire Mingfu Liquor; Expands Premium Liquor Business in China [Yahoo! Finance]Yahoo! Finance
- MingZhu Logistics to Acquire Mingfu Liquor; Expands Premium Liquor Business in ChinaPR Newswire
YGMZ
Sec Filings
- 6/25/24 - Form 6-K
- 6/24/24 - Form 6-K
- 6/6/24 - Form 6-K
- YGMZ's page on the SEC website