Delhivery to acquire Ecom Express for  ₹1,407 crore amid layoffs and pause on IPO plans | Stock Market News

Delhivery to acquire Ecom Express for ₹1,407 crore amid layoffs and pause on IPO plans | Stock Market News

Source: Live Mint Third-party logistics company Delhivery will acquire Ecom Express Limited for ₹1,407 crore. The company informed the exchanges on Saturday, April 5, that the Board has approved to buy nearly 99.4% of shares of Ecom Express. “We wish to inform you that the board of directors of Delhivery Limited (“the Board” and “the…

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