FedEx set to take over TNT Express

Parcels delivery firm TNT Express is set for a takeover by rival FedEx after the Dutch firm backed an offer worth €4.4bn.

FedEx set to take over TNT Express
Tue, 07 Apr, 2015 - 09:35

Parcels delivery firm TNT Express is set for a takeover by rival FedEx after the Dutch firm backed an offer worth €4.4bn.

The two companies want to combine TNT’s European road operations and FedEx’s strength in other regions such as North America and Asia.

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