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EU opens probe into FedEx, TNT deal
2015-08-03 08:59:20| Trucking - Topix.net
The European Commission on Friday opened an in-depth investigation into FedEx Corp.'s EUR4.4 billion deal to buy TNT Express NV, saying it was concerned about the merged company's dominance in the international delivery of small packages in some European markets. The commission, the European Union's antitrust watchdog, said the two remaining international delivery companies, United Parcel Service Inc. and DHL Worldwide Express Inc., may not provide sufficient competition to the merged company.
westchester: One Large Deal Skews...
2015-08-03 06:53:43| Beverages - Topix.net
While small-to-medium sized lease transactions fueled the Fairfield County, CT office market in the second quarter, one large lease deal here by PepsiCo had a major influence on Westchester County, NY 's office market during that period. CBRE reports that both Westchester and Fairfield saw improving conditions in some key market metrics.
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Potash Corp.: Earnings Disappoint, But Hope Over Potential K+S Deal Is Still Alive
2015-08-03 01:10:12| Chemicals - Topix.net
However, Potash Corp.'s press statement highlighted that the company is not going to give up on its pursuit of K+S. Potash Corp. should give binding job and production guarantees, raise its bid to 50 euro per K+S share, and make a formal offer.
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German auto makers agree deal to buy Nokia HERE: sources
2015-08-02 23:28:37| Telecom - Topix.net
Nokia is shedding the maps business as it focuses on integrating its 15.6 billion-euro purchase of Alcatel Lucent ( The Finnish company announced a strategic review of its navigation business in April, setting up an auction process that pitted Germany's premium automakers against Internet rivals from the United States and China, who have now pulled back.
Kellogg, union agree to new 5-year deal
2015-08-02 13:58:57| Food - Topix.net
Kellogg, union agree to new 5-year deal The agreement covers 1,300 union employees in Battle Creek, Omaha, Memphis, Tenn., and Lancaster, Pa. Check out this story on battlecreekenquirer.com: http://bcene.ws/1Id01q2 Kellogg Co.
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