UPS set to borrow $10bn to help fund expansion - Financial Times
United Parcel Service plans to borrow about $10bn to buy back stock and expand through acquisitions in its latest bid to boost a flagging share price and shake its image as a conservative company that valued a sterling credit rating above growth.
UPS first sold stock to the public in 1999 after almost 100 years under private ownership.
United Parcel Service plans to borrow about $10bn to buy back stock and expand through acquisitions in its latest bid to boost a flagging share price and shake its image as a conservative company that valued a sterling credit rating above growth.
UPS first sold stock to the public in 1999 after almost 100 years under private ownership.