FedEx In $5 Billion Takeover Of TNT Express

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...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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