TNT

By Jeff Berman · May 26, 2016
Now that the deal, which had to clear several regulatory hurdles in multiple countries, is official, FedEx executives were able to speak a little bit more freely, albeit being somewhat guarded in regards to certain integration specifics at the same time.
By Jeff Berman · April 29, 2016
The proposed $4.8 billion acquisition of TNT Express N.V. by FedEx took a major step closer to becoming official today, with the company and TNT announcing today that they have received unconditional approval of the offer from the Ministry of Commerce People’s Republic of China (MOCFCOM).
By Jeff Berman · October 5, 2015
The planned $4.8 billion acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator, by FedEx may be showing signs of coming closer to fruition, with TNT’s shareholders formally giving their blessing on the proposed deal.
By Jeff Berman · May 4, 2015
So far, so good may be the best way to describe the current state of progress in the negotiating process regarding the announcement made last month by FedEx that it plans to acquire Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion.
By Jeff Berman · January 30, 2013
Lack of clearance from European Commission halts UPS' plans for significant European expansion
By Jeff Berman · January 14, 2013
Expected decision to nix the deal halts UPS' plans for significant European expansion
By Jeff Berman · November 9, 2012
Bloomberg report states UPS recently received antitrust objections from regulators which listed potential problems with the deal, including how buying TNT would remove one of the few serious competitors in the European delivery services market.
By Jeff Berman · November 1, 2012
The Netherlands Authority for the Financial Markets (AFM) granted an exemption to extend the Offer Period for the proposed acquisition of TNT by UPS.
By Jeff Berman · October 22, 2012
The latest chapter regarding UPS’s planned $6.28 billion acquisition of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, came late last week in the form of a Statement of Objections (SO) from the European Commission.
By Jeff Berman · September 26, 2012
Earlier this week, the Supervisory Board of TNT Express, a Netherlands-based provider of mail and courier services and the fourth largest global parcel operator, announced that Marie-Christine Lombard, TNT Express CEO, resigned “to pursue an external career opportunity.”
By Jeff Berman · September 6, 2012
UPS says Offer Period for deal is officially extended.
By Jeff Berman · August 22, 2012
The offer period for UPS’s $6.28 billion acquisition of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator will be extended from its original expiration date of August 31 to November 9, according to UPS and TNT officials.
By Jeff Berman · July 31, 2012
A recent Bloomberg report stated that European Union (EU) regulators have extended their review of UPS’s bid to acquire Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator for $6.28 billion by ten working days until December 12.
By Jeff Berman · July 16, 2012
Late last week UPS said that the European Commission’s review of the proposed acquisition is now expected to move to a “Phase II review,” because there are facets of the deal that require more time to analyze.
By Jeff Berman · June 21, 2012
UPS and Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, said today that UPS’s $6.5 billion cash offer for TNT, which was announced in March, commences tomorrow and will run through August 31.

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