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.
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.