Nippon Express to acquire Metro Supply Chain in $2.2B deal

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Metro Supply Chain is being acquired by Japan-based Nippon Express Holdings Inc. in a deal valued at up to $2.2 billion, marking one of the larger recent transactions in the […]

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[theman]

I can't say I'm surprised by this much. The owners have to be at a point where it's an exit strategy if their offspring aren't interested. I believe they owned all if not most of the real estate.

 

[Fr8Guru]

I can't say I'm surprised by this much. The owners have to be at a point where it's an exit strategy if their offspring aren't interested. I believe they owned all if not most of the real estate.

My limited dealings with metro confirm the same.

They were a real estate play tied to warehousing.