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0 -8.09822361546654E-05 -5.22466039706944E-05 0.00177638453500524 0.000313479623824463 0.000261233019853769 0.000783699059561158 5.27690700104191E-05
Stock impact report

Logistics Firm WWEX Group Taps Underwriters for Potential IPO [BNN Bloomberg (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: BNN Bloomberg
The timing of a stock sale, set to be led by JPMorgan Chase & Co., hasn't been finalized, said some of the people, and it's possible that WWEX may remain closely held or pursue options including a sale. WWEX — which includes the brands Worldwide Express, GlobalTranz and Unishippers — may be valued at more than $5 billion including debt in any transaction, some of the people said. The company, owned by private equity firm Ridgemont Equity Partners, explored a sale in 2021, Bloomberg News reported at the time. The company has grown since then, and currently has at least $1.7 billion in outstanding debt, according to data compiled by Bloomberg. Representatives for Dallas-based WWEX and Ridgemont didn't immediately respond to requests for comment. JPMorgan declined to comment. Founded in 1992, WWEX is led by Chief Executive Officer Tom Madine. The company, which provides United Parcel Service Inc. shipping services to businesses, describes itself as the “largest non-retail UPS auth Show less Read more
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