11:44 PM EDT, 10/05/2026 (MT Newswires) -- Loomis (LOOMIS.ST) closed the $297 million acquisition of security logistics services provider Hermes Transportes Blindados in Peru. The listed payment services company completed the purchase on Monday, according to a same-day release. The newly acquired business will be reported as part of the group from October. Completion followed the closing on Sept. 30 of Loomis' tender offer for Hermes Transportes shares, receiving acceptances from holders of 87,072,827 shares, or 99.80% of the target's total outstanding shares.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.