PostNord to buy Sweden’s second-largest 3PL company
Scandinavian postal company PostNord has signed a deal to acquire the second largest company in Sweden’s third-party logistics sector, subject to regulatory approval.
Read MoreTag: Acquisition
Unions call for UPS talks over €5bn TNT Express acquisition
International union groups are calling on UPS to get round the negotiating table to discuss the rights of its workers around the world regarding its merger with TNT Express.
Read MoreUPS and TNT Express planning $1bn, four-year integration
UPS is predicting it will need to invest one billion dollars in integrating the global network of TNT Express into its own operations.
Read MoreUPS agrees €5.16bn deal to buy TNT Express
TNT Express has agreed to a deal for its acquisition by UPS, after the US parcel delivery giant offered an increased offer valuing the company at about EUR 5.16bn ($6.77bn USD).
Read MoreUnited Parcel Service and TNT Express agree deal to Create a Global Leader in the Logistics Industry
(Joint release from UPS and TNT Express issued today): United Parcel Service, Inc. (UPS) and TNT Express N.V. today jointly announce that they have reached agreement on a recommended all-cash public offer of EUR 9.50 per ordinary share by UPS for TNT Express (the “Offer”).
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