Name: Italy's Poste Italiane to buy 51% of China's Sengi Express
Brand: reuters.com
SKU: reuters-com-945
Availability: OnlineOnly

critic

Italy's Poste Italiane to buy 51% of China's Sengi Express

preview

By ROME (Reuters) - Italy’s Poste Italiane said on Wednesday it signed an agreement with Hong Kong-based Cloud Seven Holding Ltd to buy a 51% stake in Chinese logistics company Sengi Express.The postal operator said the closing of the deal was expected at the end of the first quarter of this year but did not give financial details of the operation.“For the first time, a foreign company will be part of the Poste Italiane Group, contributing to the consolidated results of the group,” the company said in a statement.Sengi Express offers logistics services to Chinese e-commerce companies selling in Italy, the statement added.Reporting by Giulia Segreti, editing by Giulio PiovaccariOur Standards:

By ROME (Reuters) - Italy’s Poste Italiane said on Wednesday it signed an agreement with Hong Kong-based Cloud Seven Holding Ltd to buy a 51% stake in Chinese logistics company Sengi Express.The postal operator said the closing of the deal was expected at the end of the first quarter of this year but did not give financial details of the operation.“For the first time, a foreign company will be part of the Poste Italiane Group, contributing to the consolidated results of the group,” the company said in a statement.Sengi Express offers logistics services to Chinese e-commerce companies...

public

Reuters is an international news organization owned by Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the acquisition of Reuters Group by the Thomson Corporation in 2008, the Reuters news agency has been a part of Thomson Reuters, making up the media division.

reuters.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

international

business

technology

science

culture

politics

media

health

Italy's Poste Italiane to buy 51% of China's Sengi Express

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS