TNT Agrees To Takeover By FedEx

Credit: FedEx
FedEx will take over its rival, international courier service TNT Express, in a deal valued at €4.4 billion ($4.8 billion). The takeover, announced on April 7, comes just over two years after an attempt by UPS to buy TNT collapsed in January 2013. But the deal means that TNT Express’s airline...
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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