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FedEx says has requested EU approval for $4.9 billion TNT bid

2015-06-26 20:32:32| Air Courier - Topix.net

FedEx will seek clearance from the Dutch financial market authority AFM before June 30, with the offer expected to close in the first half of 2016, Gale said. Analysts said this second attempt is expected to be less problematic as it would create a strong third player in Europe to counter UPS and Deutsche Post.

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