United Parcel Service, Inc. (NYSE:UPS) entered into an agreement to acquire MNX Global Logistics from Quad-C Management, Inc. on September 28, 2023. The transaction is subject to customary regulatory review and approval and is expected to close by the end of the year. J.P. Morgan Securities LLC is serving as the exclusive financial advisor to UPS, and King & Spalding is serving as the legal advisor to UPS. Jefferies LLC served as exclusive financial advisor to MNX and White & Case LLP acted as legal counsel to MNX.

United Parcel Service, Inc. (NYSE:UPS) completed the acquisition of MNX Global Logistics from Quad-C Management, Inc. on November 6, 2023.