FedEx In $5 Billion Takeover Of TNT Express

Credit: joepriesaviation.net
European freight airline TNT Airways likely will be for sale again as its parent becomes the target of a €4.4 billion ($4.8 billion) takeover by FedEx. FedEx is prepared to pay €8 for every issued and outstanding share in the Netherlands-based European parcel delivery and courier firm TNT Express...

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