United Parcel Companies (NYSE:UPS) is nearing a deal to accumulate Italian healthcare logistics firm Bomi Group for a number of hundred million {dollars}, The Wall Road Journal reported Sunday.
The deal may very well be finalized as quickly as Monday assuming the talks don’t break down on the final minute, based on the report.
Intently held Bomi distributes a spread of medical merchandise together with imaging tools, organic samples and prescription drugs to hospitals, clinics, laboratories in addition to to sufferers’ houses, working in Europe and Latin America.
UPS (UPS) just lately reported higher than anticipated Q2 earnings and revenues.