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Bpost Launches EUR 650 Mln Cash Tender Offer for Bonds
ByAinvest
Tuesday, Jun 10, 2025 2:42 am ET1min read
Bpost SA/NV, a Belgian postal services provider, has launched a cash tender offer for its EUR 650 mln bonds. The group offers collection, sorting, routing, and delivery services for letters and packages, organized around three sectors: package distribution, mail collection and delivery, and other services.
NEXT10, Inc., a Nevada corporation operating under the name Ultimate Holdings Corporation (OTC: NXTN), has announced its acquisition of Torreon Group, Inc. The acquisition was announced on June 9, 2025, and is part of NEXT10's strategic expansion in the transportation and logistics sector [1].Torreon Group, Inc. specializes in transportation freight hauling and is based in Boise, Idaho. The acquisition will enhance NEXT10's existing operations and expand its fleet, contributing to the company's ongoing growth strategy. The integration of Torreon's capabilities will further strengthen NEXT10's position in the transportation market.
This acquisition follows a series of strategic moves by NEXT10, including the acquisition of two privately held Boise, Idaho transportation freight hauling-related companies in 2020 [2]. These acquisitions have been instrumental in boosting NEXT10's gross revenue and operational efficiency.
NEXT10, Inc. has consistently demonstrated strong financial performance. In 2021, the company reported a gross revenue of $32 million, a significant increase from the previous year. The company's "Ultimate Program" has been a key driver of this growth, providing lease-to-own opportunities for experienced over-the-road (OTR) truck drivers [3].
The acquisition of Torreon Group, Inc. is expected to further bolster NEXT10's financial position and support its long-term goals of achieving zero debt, positive returns to shareholders, and an annual growth rate of 10-20% [4].
References:
[1] https://ih.advfn.com/stock-market/USOTC/next10-pk-NXTN/news
[2] https://ih.advfn.com/stock-market/USOTC/next10-pk-NXTN/news
[3] https://ih.advfn.com/stock-market/USOTC/next10-pk-NXTN/news
[4] https://ih.advfn.com/stock-market/USOTC/next10-pk-NXTN/news
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