FedEx-led InPost buyout offer opens May 26, runs through July 27

InPost has set a firm timetable for the FedEx-led takeover bid that could redraw Europe’s parcel map: the recommended all-cash offer opens on May 26 and runs through July 27, giving shareholders a defined window to accept a €7.8 billion bid for all issued and outstanding shares. The company said regulatory clearances have already been secured in several jurisdictions, while the remaining review steps are expected to finish in the second half of 2026.

The offer price is €15.60 a share, cum dividend, a level that represents a 50% premium to InPost’s undisturbed share price on January 2, 2026, and a 53% premium to the three-month volume-weighted average price before that date. The consortium, led by FedEx and Advent International, also includes A&R Investments and PPF Group. PPF will sell its stake but reinvest part of the proceeds to become a 10% shareholder in the consortium, while FedEx and Advent will each hold 37%, A&R 16% and PPF 10%.

InPost’s board, through a special committee advised by external financial and legal counsel, unanimously recommended the transaction as being in the best interests of stakeholders. Support from shareholders representing 48% of the outstanding shares gives the bid a strong base, but acceptance still matters because the offer must clear the remaining regulatory steps and win over investors during the offer period. The transaction is structured with committed financing and, if completed, InPost said it will keep its own brand, remain headquartered in Poland and continue under chief executive Rafał Brzoska, who will retain a stake through the consortium.

The attraction is not just financial. InPost has built one of Europe’s most extensive out-of-home delivery networks, with more than 40,000 automated parcel machines and almost 33,000 pickup-and-drop-off points across nine European countries. Its scale is especially important in the United Kingdom and France, where it said in October 2025 that it had 12,000 parcel lockers in Britain and 9,000 in France. In the UK, parcel volume exceeded 65 million in the second quarter of 2025, up 177% from a year earlier. In France, InPost cited research showing 56% of residents prefer out-of-home delivery, 75% used parcel lockers in the previous 12 months and 93% plan to use them again.

That reach explains why a FedEx-led consortium would want the asset. For FedEx, the deal would deepen its European footprint in a market where last-mile logistics is increasingly defined by convenience, density and control over pickup points. Retailers benefit from a broader delivery network and more flexible fulfillment options; consumers gain more lockers and pickup locations. But consolidation also carries a competitive edge: if a handful of large operators control more of the infrastructure, they may gain more leverage over pricing, access and service terms across Europe’s fast-growing e-commerce corridor.