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Announced

FedEx-backed Freightos to go public via SPAC merger with Gesher I Acquisition in a $435m deal.

Synopsis

FedEx-backed Freightos, a digital platform for global freight-booking services, agreed to go public via SPAC merger with Gesher I Acquisition, a special purpose acquisition company, in a $435m deal. “When we make an investment, we never try to figure out which way the market is going or which way the stock will go in the day or the week afterwards,” Ezra Gardner, Gesher CEO.

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