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UPS Lobbies Against FedEx's TNT Acquisition
2015-10-06 00:03:28| Air Courier - Topix.net
TNT Express shareholders approved FedEx Corp .' s $4.9 billion acquisition of the Dutch delivery company TNT Express N.V., but United Parcel Service Inc .
Tags: ups
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TNT Express Says Third-Quarter Profit Fell on Brazil, China Woes
2015-10-05 15:41:15| Trucking - Topix.net
TNT Express NV, the Dutch logistics company being taken over by FedEx Corp., said third-quarter profit fell because of economic turmoil in markets such as Brazil, China and Australia. Adjusted operating income in the period was probably "materially lower" than last year, TNT said in a statement prior to an extraordinary shareholder meeting at its headquarters in Hoofddorp on Monday.
Tags: china
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TNT Express Says Third-Quarter Profit Fell on Brazil, China Woes
2015-10-05 11:30:46| Air Courier - Topix.net
TNT Express NV, the Dutch logistics company being taken over by FedEx Corp., said third-quarter profit fell because of economic turmoil in markets such as Brazil, China and Australia. Adjusted operating income in the period was probably "materially lower" than last year, TNT said in a statement prior to an extraordinary shareholder meeting at its headquarters in Hoofddorp on Monday.
Tags: china
express
brazil
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Recommended Public Cash Offer by FedEx for All Issued and Outstanding Ordinary Shares of TNT Express
2015-08-21 08:21:34| Air Courier - Topix.net
Publication of Offer Document - Offer discussed at TNT Express EGM on 5 October 2015 - Acceptance Period ends 30 October 2015, unless extended )--This is a joint press release by FedEx Corporation, FedEx Acquisition B.V. and TNT Express N.V. pursuant to the provisions of Article 10, paragraph 3 and Article 18, paragraph 3 of the Decree on Public Takeover Bids in connection with the recommended public offer by FedEx Acquisition B.V. for all the issued and outstanding ordinary shares in the capital of TNT Express N.V., including all American depositary shares representing ordinary shares.
EU opens probe into FedEx, TNT deal
2015-08-03 09:04:20| Air Courier - 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.
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