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FedEx Pledges $1 Million in Aid to Support Relief of Nepal Earthquake Disaster

2015-05-02 00:17:15| Air Courier - Topix.net

The Memphis-based global transportation and logistics company is mobilizing its disaster relief program through its existing relationships with Direct Relief, Heart to Heart International, Water Missions International, American Red Cross and The Salvation Army. "FedEx is committed to responding to the aftermath of the earthquake in Nepal," said Frederick W. Smith, chairman and CEO of FedEx Corp. "Working together with international relief organizations, we are utilizing our global transportation network to assist in this massive recovery effort."

Tags: support million aid relief

 

FedEx Making 'Timely Progress' on TNT Deal

2015-05-01 16:41:24| Trucking - Topix.net

FedEx Corp. and TNT Express NV on Friday said they are making "timely progress" on their $4.8 billion deal, though the companies said it could take up to a year to gain regulatory approval. FedEx agreed in April to buy Dutch package-delivery company TNT, making an end run around rival United Parcel Service Inc. and positioning itself to capitalize on the growth of e-commerce in Europe.

Tags: making deal progress timely

 
 

FedEx Making 'Timely Progress' on TNT Deal

2015-05-01 16:04:27| Air Courier - Topix.net

FedEx Corp. and TNT Express NV on Friday said they are making "timely progress" on their $4.8 billion deal, though the companies said it could take up to a year to gain regulatory approval. FedEx agreed in April to buy Dutch package-delivery company TNT, making an end run around rival United Parcel Service Inc. and positioning itself to capitalize on the growth of e-commerce in Europe.

Tags: making deal progress timely

 

Update on the Intended Offer by FedEx for TNT Express

2015-05-01 08:42:12| Air Courier - Topix.net

This is a joint press release by FedEx Corporation and TNT Express pursuant to Section 7 paragraph 1 sub a of the Decree on Public Takeover Bids in connection with the intended public offer by FedEx Corporation for all the issued and outstanding ordinary shares in the capital of TNT Express N.V. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in TNT Express N.V. Any offer will be made only by means of an offer document. This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, Canada.

Tags: offer update express intended

 

Film Producer Backed by FedEx Founder Said Near Loan Refinancing

2015-04-30 09:33:31| Air Courier - Topix.net

"Transcendence," the Johnny Depp sci-fi movie, cost $100 million to produce, according to researcher Box Office Mojo, and generated $103 million in ticket sales worldwide, a sum that's split with theaters. Photographer: Frederic J. Brown/AFP/Getty Images Alcon Entertainment, the independent film production company backed by FedEx Corp. founder Frederick Smith, is in talks to refinance about $200 million of loans, people with knowledge of the matter said.

Tags: film loan producer founder

 

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