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The Latest FedEx Headlines
FedEx Wins No-Strings-Attached Approval for TNT Deal From EU
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<blockquote data-quote="cheryl" data-source="post: 2001431" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/articles/2016-01-08/fedex-wins-no-strings-attached-approval-for-tnt-deal-from-eu" target="_blank"><strong>FedEx Wins No-Strings-Attached Approval for TNT Deal From EU - Bloomberg</strong></a></p><p></p><p>FedEx Corp. won unconditional approval from European Union regulators to buy smaller parcel delivery rival TNT Express NV, almost three years after United Parcel Service Inc. was blocked from a similar takeover.</p><p></p><p>The EU’s formal review of the 4.4 billion-euro ($4.8 billion) deal revealed no antitrust concerns, the companies said in a statement Friday. The deal still needs clearance in Brazil and China and the companies “anticipate that the offer will close in the first half of” 2016.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2001431, member: 1"] [URL='http://www.bloomberg.com/news/articles/2016-01-08/fedex-wins-no-strings-attached-approval-for-tnt-deal-from-eu'][B]FedEx Wins No-Strings-Attached Approval for TNT Deal From EU - Bloomberg[/B][/URL] FedEx Corp. won unconditional approval from European Union regulators to buy smaller parcel delivery rival TNT Express NV, almost three years after United Parcel Service Inc. was blocked from a similar takeover. The EU’s formal review of the 4.4 billion-euro ($4.8 billion) deal revealed no antitrust concerns, the companies said in a statement Friday. The deal still needs clearance in Brazil and China and the companies “anticipate that the offer will close in the first half of” 2016. [/QUOTE]
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FedEx Wins No-Strings-Attached Approval for TNT Deal From EU
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