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The Latest FedEx Headlines
FedEx-TNT deal clears final regulatory hurdle
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<blockquote data-quote="cheryl" data-source="post: 2169007" data-attributes="member: 1"><p><a href="http://www.commercialappeal.com/business/China-approves-FedEx-TNT-deal-377587471.html" target="_blank"><strong>FedEx-TNT deal clears final regulatory hurdle - Commercial Appeal</strong></a></p><p></p><p>FedEx said Friday that the biggest acquisition in the company’s 43-year history has cleared its final regulatory hurdle, after the deal received approval from Chinese officials.</p><p></p><p>The Memphis-based parcel delivery service said the $4.8 billion acquisition of Europe's third-largest delivery company entered the home stretch with approval by Ministry of Commerce People's Republic of China. The acquisition is expected to close by June 30.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2169007, member: 1"] [URL='http://www.commercialappeal.com/business/China-approves-FedEx-TNT-deal-377587471.html'][B]FedEx-TNT deal clears final regulatory hurdle - Commercial Appeal[/B][/URL] FedEx said Friday that the biggest acquisition in the company’s 43-year history has cleared its final regulatory hurdle, after the deal received approval from Chinese officials. The Memphis-based parcel delivery service said the $4.8 billion acquisition of Europe's third-largest delivery company entered the home stretch with approval by Ministry of Commerce People's Republic of China. The acquisition is expected to close by June 30. [/QUOTE]
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FedEx-TNT deal clears final regulatory hurdle
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