United Parcel Service (UPS) says it still anticipates closing its more than $6 billion takeover of Netherlands-based cargo carrier TNT Express in the fourth quarter despite a delay in the European Commission’s (EC’s) review process. A preliminary investigation flagged concerns about competition within EU member states’ markets for small parcel delivery services, particularly international express services. This prompted a full review, which started in July, but now the EC has “stopped ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "UPS Still Expects TNT Merger By Year End Despite EC Delay".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.