Italy's Poste Italiane to buy 51% of China's Sengi Express
BUSINESS
January 20, 20211 min read, 111 words

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

Published: January 20, 2021  |  1 min read, 111 words
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 qua...
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