GeoPost SA acquired 20.15% stake in Aramex PJSC (DFM:ARMX) for AED 1.4 billion on October 20, 2021. As per transaction, GeoPost SA acquired 295 million shares in Aramex. Morgan Stanley and EFG Hermes acted as financial advisor for GeoPost. Matthew Powell of Squire Patton Boggs LLP acted as legal advisor to La Poste.

GeoPost SA completed the acquisition of 20.15% stake in Aramex PJSC (DFM:ARMX) on October 20, 2021.