FedEx Agrees to Acquire TNT Express in $4.8 Billion Deal

FedEx Agrees to Acquire TNT Express in $4.8 Billion Deal

Apr 08, 2015 · Fred Smith, the chief executive and chairman of FedEx, said that the $4.8 billion deal for the Dutch delivery company TNT Express is good for both workforces and meets regulatory tests.

FedEx to Acquire TNT Express for $4.8 Billion | Time

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.

FedEx Bids $4.8 Billion for TNT Two Years After UPS Deal

Apr 07, 2015 · Watch video · FedEx Corp. agreed to buy Dutch parcel-delivery company TNT Express NV for 4.4 billion euros ($4.8 billion), predicting it can succeed where bigger rival United Parcel Service Inc. was blocked by

FedEx Agrees to Buy Netherlands’ TNT Express for $4.8 Billion

Apr 07, 2015 · FedEx posted 2014 revenue of $45.6 billion and it employs more than 325,000, while TNT posted €6.68 billion in 2014 revenue and has about 65,000 employees.

FedEx Agrees to Acquire TNT Express in $4.8 Billion Deal

FedEx Corporation said on Tuesday that it had agreed to acquire the Dutch delivery company TNT Express in an all-cash deal that values TNT at 4.4 billion euros, or about $4.8 billion. The transaction would greatly expand the American delivery giant’s presence in Europe and comes less than two years after European regulators blocked a bid for TNT by United Parcel Service, its global delivery rival.

FedEx Agrees to Buy Netherlands’ TNT Express for $4.8

FedEx plans to offer €8 per TNT share, which is 33% above the target’s close last Thursday but 16% below UPS’s failed €9.50-per-share offer. On a Tuesday morning conference call, FedEx CEO

FedEx agrees to $4.8B deal to expand in Europe – USA TODAY

Apr 07, 2015 · Package delivery service FedEx announced Tuesday plans to buy TNT Express for $4.8 billion in a deal that will allow it to expand in Europe and …

FedEx to buy TNT Express for $4.8 billion – Trucking News

Apr 09, 2015 · 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 the acquisition within the first six months of 2016 and don’t foresee any major anti-trust complications.

FedEx to buy TNT for $4.8 billion to take on rivals in Europe

Apr 07, 2015 · 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 …

FedEx to Buy TNT Express for $4.8 Billion – Supply Chain 24/7

In a move with major implications for the global express delivery and parcel sectors, FedEx said today 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. This is not the first time TNT has been featured in a deal with the prominent global parcel payer.

FedEx-TNT Express Deal to Be Investigated in Europe – The

Aug 01, 2015 · Under the terms of the deal, FedEx would pay 8 euros a share in cash for each outstanding share of TNT, valuing the Dutch company at about 4.4 billion euros, or about $4.8 billion.

FedEx to Buy TNT Express for $4.8 Billion – WSJ

FedEx said it would buy Dutch parcel-delivery TNT Express for about $4.8 billion to expand in Europe.

In $4.8 Billion Deal, FedEx Agrees to Acquire TNT Express

FedEx Corp. agreed to buy Dutch parcel delivery company TNT Express NV for 4.4 billion euros ($4.8 billion), predicting it can succeed where bigger rival United Parcel Service Inc. was blocked by regulators in 2013. TNT investors will receive 8 euros a share in cash, 33 percent more than the closing

FedEx agrees to take over Dutch rival TNT Express for $4

American package delivery service FedEx said Tuesday, April 7, 2015 it plans to take over its Dutch rival TNT Express, one of Europe’s largest delivery companies, for 4.4 billion euros ($4.8