Filed in DPWN DHL
Friday, December 10, 2010
Following the recent news that TNT, the fourth largest global parcel operator, plans to sell off its Express unit, media reports out of Europe indicate that UPS will not be a potential buyer of the unit. UPS Chief Financial Officer Kurt Kuehn told a German newspaper, the Boersen-Zeitung, that the UPS does not intend to make any large acquisitions in the future.
Posted on 12/10 at 10:05 AM
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