SingPost buys US e-commerce player from PE backer
Singapore Post (SingPost) has bought US-based online commerce provider TradeGlobal from its private equity backer Bregal Sagemount for $169 million.
SingPost will acquire 96.3% of TradeGlobal through its subsidiary TG Acquisition. This is the company's second recent transaction in the e-commerce space, after it agreed last week to buy 71.1% of online...
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