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Taiwan Logistics Firm Morrison Express Weighs $1 Billion Sale, Sources Say

  • Company working with financial adviser on strategic review
  • Stake sale to potential partner also among options considered
Updated on

Morrison Express Corp., a Taiwanese logistics company, is considering a sale of the business amid interest from potential buyers, according to people familiar with the matter.

The closely-held company is working with a financial adviser on a strategic review that may lead to the sale of a majority stake in the business, the people said, asking not to be identified because the matter is private. A transaction could value the Taipei-based firm at about $1 billion, the people said.