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FedEx Seeks European Approval for TNT Express Acquisition

2015-06-29 21:23:13| Air Courier - Topix.net

European Union regulators should rule on FedEx Corp .' s bid to acquire Dutch logistics firm TNT Express by Aug. 3. Memphis-based FedEx on Friday, June 26, submitted a required filing to the European Commission to obtain regulatory approval for the nearly $5 billion takeover of TNT Express, the largest deal in FedEx's 42-year history.

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