STG Logistics closes on $300M growth-oriented financing package

By Yahoo! Finance | Oct 4, 2024 at 05:59 PM EST

STG Logistics received a $300 million capital injection to support its expansion and growth plans. The financing, backed by private equity sponsors and lenders, will enhance services, operations, and potentially fund acquisitions. This investment strengthens STG's position in the freight market.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.