FedEx Successfully Completes Debt Exchange by Leveraging Freight Unit as Guarantor
1 month ago
In a significant financial maneuver, FedEx Corporation has successfully concluded a debt exchange, strategically utilizing its freight unit as a guarantor. This move comes in the wake of the company's ongoing efforts to enhance its balance sheet and optimize its capital structure amidst evolving market dynamics.
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FedEx Announces Major Spin-Off of $30 Billion Freight Unit to Streamline Operations
4 months ago
In a significant move aimed at enhancing operational efficiency, FedEx Corporation has revealed its plans to spin off its $30 billion freight unit. This strategic decision is part of a broader initiative to streamline its services and focus on core business areas as the company seeks to adapt to a rapidly changing logistics environment.
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