FEDEX CORP 8-K

What Happened
On February 9, 2026 FedEx Corporation (through a wholly‑owned subsidiary) announced it joined a consortium with Advent (IS Iris Financial Investor S.à r.l), A&R Investments Limited, and PPF Group N.V. to make a recommended all‑cash public offer for all issued and outstanding shares of InPost S.A. The offer price is €15.60 per share (cum dividend). Under the proposed post‑closing ownership split FedEx would hold 37% (Advent 37%, A&R 16%, PPF 10%). Based on the offer price, FedEx’s portion is valued at approximately $2.6 billion. The Offer and related transactions are conditional and subject to customary closing conditions, including regulatory approvals.

Key Details

• Offer price: €15.60 per InPost share (cum dividend).
• FedEx stake if completed: 37%; FedEx investment ≈ $2.6 billion.
• Funding: FedEx intends to fund its portion using available cash balances, existing or new liquidity sources, or a combination.
• Post-close plans: InPost to operate as a standalone company; FedEx and InPost will enter arm’s‑length commercial agreements. Transaction subject to regulatory approvals and other customary closing conditions.

Why It Matters
This is a material, strategic investment by FedEx into InPost — a European parcel and locker network — and signals an expansion of FedEx’s participation in European last‑mile logistics. The roughly $2.6B commitment may affect FedEx’s cash and liquidity planning depending on funding choices. The transaction remains conditional (regulatory approvals and other closing conditions), so completion is not guaranteed and timing may change.