It is Official: FedEx Corporation (FDX) Acquires TNT Express NV - ADR

Discussion in 'The Latest FedEx Headlines' started by cheryl, May 26, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    It is Official: FedEx Corporation (FDX) Acquires TNT Express NV - ADR - Bidness Etc

    After gaining approval from regulatory authorities across four continents, FedEx Corporation has finally acquired TNT Express for €4.4 billion for all of its issued and outstanding ordinary shares as well as all American Depositary Receipts (ADR). The announcement also marks the beginning of TNT’s integration into FedEx’s Ground operations.