BRIEF-Global-E To Enhance Logistics Offering With Acquisition Of Passport, A Us-Based E-Commerce Logistics And Solutions Company

Global-E Online

GLBE

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May 26 (Reuters) - Global-E Online Ltd GLBE.O:

GLOBAL-E TO ENHANCE LOGISTICS OFFERING WITH ACQUISITION OF PASSPORT, A US-BASED E-COMMERCE LOGISTICS AND SOLUTIONS COMPANY
GLOBAL-E ONLINE LTD - TO BUY PASSPORT FOR $350 MILLION IN UPFRONT CONSIDERATION
GLOBAL-E ONLINE LTD - CONTINGENT CONSIDERATION OF UP TO $75 MILLION BASED ON 2026 FINANCIAL RESULTS
GLOBAL-E ONLINE LTD - ACQUISITION EXPECTED TO HAVE NEUTRAL TO SLIGHTLY POSITIVE EFFECT ON GLOBAL-E ADJUSTED EBITDA IN H2 2026

Source text: ID:nGNX1HxJXH

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