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Tag: merger
UPS Tries to Spoil the FedEx-TNT Merger
2016-03-02 19:30:03| Trucking - Topix.net
Three years ago, United Parcel Service called off its planned merger with Dutch rival TNT Express after the European Commission threatened to block the deal due to antitrust concerns. Last April, FedEx stepped into the gap, striking its own deal to buy TNT Express for nearly $5 billion.
The Wall Street Journal: CSX rebuffed $20 billion Canadian Pacific merger offer
2016-03-02 04:04:41| Railroads - Topix.net
Canadian Pacific Railway Ltd., which is pressing an unwanted takeover bid for Norfolk Southern Corp., recently revived a $20 billion-plus effort to combine with CSX Corp. in the latest sign of its eagerness to bring consolidation to the industry. in January, according to people familiar with the matter and Canadian Pacific Chief Executive Hunter Harrison.
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journal
wall
UK telcos meet with EU to discuss O2/3UK merger
2016-03-02 01:00:00| Total Telecom industry news
Hutchison aims to convince regulators to back O2 takeover at European Commission's closed-door hearing on Monday.
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discuss
merger
telcos
RCom, Aircel reach merger agreement - report
2016-02-29 14:41:00| Telecompaper Headlines
(Telecompaper) Indian operators Reliance Communications (RCom) and Aircel have reached a merger agreement. RCom will combine its mobile business with Aircel, and both parent companies will hold 50 percent each in the resulting entity, ET reports, citing unnamed sources directly involved in the transaction. The merged company will emerge as India's third largest mobile operator by number of customers.
Tags: report
agreement
reach
merger
AFL-CIO seeks to block CP-NS merger
2016-02-26 20:09:03| Railroads - Topix.net
WASHINGTON, D.C. - The AFL-CIO's Transportation Trades Department is seeking to block a proposed merger between Canadian Pacific Railway and Norfolk Southern that has been dubbed a "Wall Street takeover" of a prominent U.S. freight company by critics.
Tags: block
seeks
merger
aflcio
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