US integrator United Parcel Service has extended its offer deadline for rivals TNT Express up to 28th February, 2013, as European antitrust officials continue to review the EUR 5.16bn acquisition proposal.
Read MoreDHL Express is selling its domestic express delivery business in Romania, Cargus, in a management buyout supported by private equity fund Abris Capital Partners.
Read MoreGlobal express logistics firm Aramex is planning more acquisitions in Africa – and particularly in Southern Africa – next year.
Read MoreUPS executives said today that they still expect the EUR 5.16bn acquisition of rivals TNT Express to go ahead early in 2013, despite receiving a Statement of Objections from the European Commission.
Read MoreLithuania Post is looking to make a big expansion to its financial services network with the acquisition of the retail assets of a bank currently going through liquidation.
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