(Reuters) -United Parcel Service ( UPS ), the world's biggest package delivery firm, will sell its Coyote Logistics business unit to RXO for $1.025 billion, the companies said on Sunday. The transaction will be funded with a mix of equity and debt, including a $300 million equity investment from MFN Partners and a $250 million equity investment from Orbis Investments,...

June 23 (Reuters) - Ups: * ANNOUNCES SALE OF COYOTE LOGISTICS TO RXO, INC. * AGREEMENT TO SELL ITS COYOTE LOGISTICS BUSINESS UNIT TO RXO, INC., FOR $1.025 BILLION * TRANSACTION IS EXPECTED TO CLOSE BY END OF YEAR * UPON COMPLETION OF TRANSACTION, COMPANY WILL UPDATE ITS FINANCIAL OUTLOOK Source text for Eikon: Further company coverage: ...

June 23 (Reuters) - United Parcel Service ( UPS ), the world' biggest parcel delivery firm, on Sunday said it would sell its Coyote Logistics business unit to RXO for $1.025 billion. ...

June 23 (Reuters) - Canadian workers' union Unifor said on Sunday that 1,350 of its members are on strike at jet-maker Bombardier's facilities after the two sides were unable reach a tentative agreement before the Saturday deadline. The union's bargaining committee members are working towards an agreement and both parties remain committed to continuing the bargaining process, Unifor said in...