FedEx Agrees to Buy TNT Express
FedEx agreed to pay TNT Express $4.8 billion to acquire all of TNT's shares, the companies said in a press release (here). The deal would "transform FedEx’s European capabilities and accelerate global growth," it said. The companies expect the deal…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
to close in the first half of 2016 and "are confident that anti-trust concerns, if any, can be addressed adequately in a timely fashion."