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FedEx Wins No-Strings-Attached Approval for TNT Deal From EU

2016-01-08 13:36:35| Trucking - Topix.net

FedEx Corp. won unconditional approval from European Union regulators to buy smaller parcel delivery rival TNT Express NV, almost three years after United Parcel Service Inc. was blocked from a similar takeover. The EU's formal review of the 4.4 billion-euro deal revealed no antitrust concerns, the companies said in a statement Friday.

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