FedEx Takes Another Step to Complete TNT Express Acquisition

Discussion in 'The Latest FedEx Headlines' started by cheryl, May 18, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx Takes Another Step to Complete TNT Express Acquisition - Bidness Etc

    FedEx Corporation has taken another step towards the acquisition of TNT Express with the declaration of its all-cash public offer for all outstanding ordinary shares, unconditionally. Nearly 485 million shares have been tendered as part of acquisition which represent 88.4% of the aggregated outstanding shares as at May 13, 2016.