Swvl Buys Turkish Transit Firm Volt Lines in Deal Spree

  • Volt Lines expands Swvl with key presence in Middle East
  • Swvl shares down by a third since Queen’s Gambit SPAC merger
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Swvl Holdings Corp., a Dubai-based ride sharing startup, has agreed to acquire the Turkish transportation-as-a-service operator Volt Lines in its fourth acquisition since August.