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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.
Telecom Italia, Oi negotiating TIM deal - report
2016-01-08 08:40:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi and Telecom Italia have begun talks over a possible merger of Oi and TIM Brasil, according to unnamed sources cited by Reuters. The companies are looking to take advantage of an expected easing of Brazilian regulatory rules governing such a merger, said the sources, adding that the board of Telecom Italia is negotiating directly with Oi CEO Bayard Gontijo. Although talks could establish the basis for a final proposal to combine Oi and Telecom Italia-controlled TIM, the value of a potential deal hasn't yet been discussed, added the report.
Etihad Rail signs transport service deal with Ceva Logistics
2016-01-08 01:00:00| Railway Technology
Etihad Rail has signed a memorandum of understanding (MoU) with supply chain management firm Ceva Logistics to offer the latter a more cost-effective and reliable mode of transport for its UAE operations.
Tags: service
deal
transport
signs
CS&L to Buy PEG Bandwidth in $409M Deal
2016-01-07 19:15:15| Grocery - Topix.net
Communications Sales & Leasing Inc. of Little Rock on Thursday announced its first acquisition, a $409 million deal for PEG Bandwidth LLC, a telecommunications infrastructure provider owned by affiliates of private equity investment firm Associated Partners LP of New York and Pennsylvania.
Hudson's Bay to acquire Gilt in $250m deal
2016-01-07 18:44:00| Daily apparel & textile news and comment - from just-style.com
Hudson's Bay Company (HBC), owner of US-based luxury retailer Saks, is to acquire online shopping website Gilt Groupe Holdings in a deal worth US$250m.
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