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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.
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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
UPMC signs deal for Colombian oncology center; PPG extends lease for Downtown office space
2015-05-01 09:08:59| Chemicals - Topix.net
UPMC has signed a 10-year agreement with a Colombian hospital services group to develop and co-manage an oncology center. Officials said Thursday the arrangement with the Fundacion Cardiovascular de Colombia in Bucaramanga will be the first private cancer program in Colombia.
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Merck deal boosts sales but not income at Bayer
2015-05-01 06:46:18| Biotech - Topix.net
Bayer Group's net income was down, but sales were boosted in the first quarter as a result of the company's acquisition of Merck & Co. Inc. On Thursday, Bayer reported that net income slipped 8.4 percent to 1.3 billion euros, down from 1.4 billion euros in same period a year ago.
Compeitition Bureau challenges Parkland'sPioneer deal
2015-05-01 05:32:38| Electronics - Topix.net
A deal by Parkland Fuel Corp. to acquire gas station operator Pioneer Energy for $378-million is being challenged by the federal Competition Bureau. The bureau said in a statement Thursday that it has filed an application with the Competition Tribunal for an order prohibiting the two companies from proceeding with the transation in 14 communities - 11 in Ontario and three in Manitoba.
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