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Uber Freight acquires Transpace for $2.25B

Home / Stock Analysis / Uber Freight acquires Transpace for $2.25B
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Uber Freight acquires Transpace for $2.25B

22 Jul Stock Analysis

Uber Freight, the logistics business spun out of Uber in 2018, has acquired Transplace for about $2.25 billion from private equity group TPG Capital, according to regulatory filings. The deal announced Thursday will involve $750 million in Uber stock with…

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