Poland’s InPost says it’s not in takeover talks


March 28 (Reuters) – Parcel locker operator InPost said on Monday it was not in talks to sell the company after its stock jumped nearly a third following a Bloomberg report that several companies were interested by the company.

“While parties may from time to time approach InPost or its controlling shareholder, InPost is not currently in discussions with third parties and is not aware of any such discussions,” InPost said in a statement. .

Bloomberg reported Friday citing unnamed sources that private equity firms are interested in Amsterdam-listed InPost, such as Britain’s CVC Capital Partners and California’s Hellman and Friedman.

In Amsterdam, InPost shares jumped more than 30% in early trading. However, the stock remains well below its January 2021 IPO price.

The stock was still up 19% at 1:20 p.m., on course for its best one-day performance.

InPost is 46% owned by private equity firm Advent International, while A&R Investments has a 12% stake. (Report Sarah Morland; French version Valentine Baldassari, edited by Jean-Michel Bélot)





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