EmergeVest mulls sale of EV Cargo, sources claim


 

Hong Kong-based private equity firm EmergeVest is working with a financial advisor to look at the possibility of selling its UK subsidiary EV Cargo, following a surge in investor demand in the logistics sector, according to sources. The review could lead to a sale or an initial public offering (IPO) of the business, and could be valued at over £1.11bn, the sources told US news channel Bloomberg recently. EmergeVest is also considering potential listing venues for EV Cargo, including London […]