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FedEx Announces Completion Of TNT Express Acquisition
Wednesday, May 25, 2016 - 8:39am | 281FedEx Corporation (NYSE: FDX) announced Wednesday morning it has completed the acquisition of TNT Express for 4.4 billion euros. FedEx announced in April of last year it plans to acquire the Dutch-based package delivery company, which required the approval of the European Commission. The commission...
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These Analysts Love FedEx's TNT Express Acquisition
Wednesday, April 8, 2015 - 12:50pm | 646On April 7, FedEx Corporation (NYSE: FDX) announced a deal to buy Dutch delivery firm TNT Express NV for $4.8 billion, or 4.4 billion euros. The deal is an all-cash public offer of 8 euros per share, which represents a 33 percent premium over TNT’s closing price on April 2. TNT’s...