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Announced

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CJ Logistics completed its merger with DSC Logistics.

Synopsis

CJ Logistics, a logistics company in Korea, completed its merger with DSC Logistics, a provider of logistics and supply chain management. Financial terms were not disclosed. "Following our market expansion into China and Southeast Asia, we are pleased to join forces with DSC Logistics in the US. We look forward to combining our technical capabilities and network to create synergies and to become a market leader in US logistics, especially in the warehousing and distribution space," Keun Tae Park, CJ Logistics President.

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