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Order HereFedEx will formally launch its €4.4 billion ($4.9 billion) takeover bid for TNT Express on Aug. 24, offering €8.00 per share for the freight specialist, with the aim of completing the acquisition in the first half of 2016. If the deal succeeds, TNT Express’ European airline operations will be divested due to airline ownership regulations. “Where permitted by regulation, FedEx intends to transition TNT Express’ intercontinental air operations to FedEx,” …
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Order HereFedEx will formally launch its €4.4 billion ($4.9 billion) takeover bid for TNT Express on Aug. 24, offering €8.00 per share for the freight specialist, with the aim of completing the acquisition in the first half of 2016. If the deal succeeds, TNT Express’ European airline operations will be divested due to airline ownership regulations. “Where permitted by regulation, FedEx intends to transition TNT Express’ intercontinental air operations to FedEx,” …
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereFedEx will formally launch its €4.4 billion ($4.9 billion) takeover bid for TNT Express on Aug. 24, offering €8.00 per share for the freight specialist, with the aim of completing the acquisition in the first half of 2016. If the deal succeeds, TNT Express’ European airline operations will be divested due to airline ownership regulations. “Where permitted by regulation, FedEx intends to transition TNT Express’ intercontinental air operations to FedEx,” …
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.