MingZhu Logistics Agrees To Acquire Oxylus Global As Part Of Business Diversification And Growth Strategy
Portfolio Pulse from Benzinga Newsdesk
MingZhu Logistics has agreed to acquire Oxylus Global as part of its business diversification and growth strategy.
May 31, 2024 | 8:01 pm
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MingZhu Logistics (YGMZ) has announced the acquisition of Oxylus Global to diversify its business and support growth.
The acquisition of Oxylus Global by MingZhu Logistics is a strategic move to diversify its business operations and support growth. This is likely to have a positive short-term impact on YGMZ's stock price as investors may view the acquisition as a step towards strengthening the company's market position.
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