In a move that will surely realign the global parcel delivery market, FedEx Corp. plans to buy TNT Express N.V. in a $4.8 billion cash deal. Both firms noted in a statement that they expect to wrap up ...
FedEx has agreed to a takeover of TNT Express, but what about the execution risk? Deal details, rationale FedEx's €4.4 billion ($4.8 billion) offer for TNT Express (which had €449 million in net cash ...
AMSTERDAM (Reuters) - FedEx Corp is to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), stepping up the challenge to rivals United Parcel Service and ...
FedEx Corp.'s planned $4.8 billion takeover of Dutch parcel company TNT Express NV will settle on May 25, ending a merger process that's been more than a year under way. FedEx said in a statement on ...
FedEx expects its proposed $4.8 billion purchase of TNT Express to expand its European market, after regulators blocked UPS from buying the Netherlands-based delivery service in 2013. The ...
THE HAGUE, Netherlands - American package delivery service FedEx (FDX) has agreed to take over Dutch rival TNT Express, one of Europe's largest delivery companies, for 4.4 billion euros ($4.8 billion) ...
FedEx will acquire Dutch delivery giant TNT Express for $4.8 billion in an all-cash deal that will vastly expand the American company’s operations across Europe, the company revealed on Tuesday. “This ...