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UPS to drop TNT Express bid
2013-01-14 20:36:45| Trucking - Topix.net
United Parcel Service Inc said it would drop its 5.2 billion euro bid for Dutch delivery firm TNT Express on the expectation of an EU veto, a sharp blow that halved the value of TNT's shares within minutes.
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.
UPS drops 5.2bn-euro bid for TNT
2013-01-14 13:38:42| BBC News | Business | UK Edition
Package delivery firm UPS pulls out of its 5.2bn-euro bid for Dutch rival TNT Express after discovering EU competition authorities would probably block it.
TNT, PostNL shares off; EC seen blocking UPS deal
2013-01-14 12:00:13| Logistics - Topix.net
UPS tried three times to address European regulators' concerns that the deal would hurt competition in the package-delivery sector on the Continent, Dow Jones Newswires reported.
Tags: deal
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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
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