Buying TNT
ith new takeover rumors swirling around TNT, the company did its part to satisfy the chatter, although hardly on the scale that has TNT’s name making the rounds on the mergers and acquisitions market. The Netherlands-based express, mail and logistics giant added two highly targeted postal businesses to its TNT Post operation, shoring up its outlook for the direction of the European distribution and delivery market.
But the additions of Italy’s TMW Italia and British courier JD Williams to the mail operation still left TNT with at least one far larger transaction in its business plan still undone.
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