UPS seeks EU approval for 5.2 billion euro TNT buy - Reuters
UPS notified the European Commission of the proposed acquisition on Friday, the EU watchdog said. It will decide by July 20 whether to clear the deal or open an in-depth investigation that could lead to concessions from UPS.
Analysts expect UPS to sell some assets to get regulatory clearance for the purchase, its largest ever.
UPS notified the European Commission of the proposed acquisition on Friday, the EU watchdog said. It will decide by July 20 whether to clear the deal or open an in-depth investigation that could lead to concessions from UPS.
Analysts expect UPS to sell some assets to get regulatory clearance for the purchase, its largest ever.