TNT NV 'Deal' Could Trigger Antitrust Review For UPS - CNN Money
United Parcel Service Inc. (UPS) would likely face antitrust scrutiny on both sides of the Atlantic if its reported interest in Dutch rival TNT NV turns into a fully-fledged deal.
TNT shares rose on weekend media reports of renewed interest from UPS which, like smaller U.S. rival FedEx Corp. (FDX), has courted the logistics and mail specialist several times in recent years.
United Parcel Service Inc. (UPS) would likely face antitrust scrutiny on both sides of the Atlantic if its reported interest in Dutch rival TNT NV turns into a fully-fledged deal.
TNT shares rose on weekend media reports of renewed interest from UPS which, like smaller U.S. rival FedEx Corp. (FDX), has courted the logistics and mail specialist several times in recent years.