Mahindra Logistics to buy B2B express business of Rivigo for $40m

Mahindra Logistics to buy B2B express business of Rivigo for $40m

Photo: CS&Co.

Mahindra Logistics said it has signed a deal to buy the B2B express business of Rivigo Services Pvt Ltd (RSPL) for $39.6 million in cash, on a slump sale basis, according to a regulatory filing.