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TNT Express takeover abandoned by UPS. $6.9B deal nixed.

2013-01-14 20:36:46| Trucking - Topix.net

In this February 2012 file photo, a TNT employee operates a delivery truck in Hoofddorp, near Amsterdam, Netherlands.

Tags: express deal ups abandoned

 

UPS abandons $6.9 billion takeover for TNT Express

2013-01-14 15:41:33| Air Courier - Topix.net

Shares in package delivery company TNT Express NV were knocked as much as 50 percent lower Monday on news that United Parcel Service Inc.

Tags: express ups billion tnt

 
 

Billabong gets another takeover offer

2013-01-14 11:50:13| Apparel - Topix.net

TROUBLED surfwear retailer Billabong has received a takeover offer from VF Corporation, owner of the North Face and Timberland brands and US private equity firm Altamont Capital Partners.

Tags: offer takeover billabong

 

UPS Abandons $6.9 Billion TNT Express Takeover After EU Blocks Acquisition

2013-01-14 09:07:50| Trucking - Topix.net

United Parcel Service Inc. said it expects European Commission antitrust regulators to block its proposed 5.16 billion-euro takeover of TNT Express NV.

Tags: express ups blocks billion

 

Tiffany Takeover Whispers Buoy Valuation After Earnings Founder: Real M&A

2013-01-14 04:55:14| Jewelry - Topix.net

In the eye of the investor, Tiffany & Co. 's blue-boxed gifts are so alluring to potential suitors that not even the worst earnings stretch in at least a decade has put a dent in its valuation.

Tags: real ma earnings founder

 

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