tnt

UPS loses $2 billion euro claim for EU veto on TNT bid - Reuters The world's No. 1 logistics company, United Parcel Service Inc (UPS.N), on Wednesday lost its court fight for a record 1.74-billion euro ($2 billion) compensation claim from EU antitrust regulators for blocking its 2013 bid for...

FedEx Bought This Air Freight Carrier for $4 Billion; Now It's Laying Off More Than 6,000 Workers - Motley Fool FedEx said on Monday that it will cut up to 6,300 jobs in Europe as the final step of integrating acquisition target TNT Express into the transport giant's global delivery network...

FedEx’s $4.4 Billion Acquisition of TNT Has Been a Dud - Bloomberg The Dutch company was supposed to fuel growth in Europe, but it’s been hard to integrate. FedEx Corp.’s European road trip has turned into a yearslong headache. The parcel-delivery company, historically a laggard in Europe...

EU court paves way for $2 billion UPS claim as annuls TNT bid veto - Reuters Europe’s top court opened the way to a $2 billion damages claim by U.S. delivery company UPS (UPS.N) on Wednesday by annulling a 2013 decision to stop it buying Dutch firm TNT Express. The European Court of Justice...

Good things don't always come in small packages for the European Commission: Advocate General Kokott delivers her Opinion on the blocked UPS/TNT deal - JDSupra On 25 July 2018, Advocate General Kokott proposed that the EU Court of Justice validate the annulment by the EU General Court of the...

Court adviser suggests ruling against EU veto of UPS, TNT merger - Reuters Europe's top court should rule against the EU's veto of United Parcel Service's (UPS.N) takeover bid for Dutch peer TNT because of procedural errors by regulators, a court adviser said on Wednesday. Such a judgment from...