UPS 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.
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UPS 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”).
Read MoreThe week that was: 16 March 2012
Rounding up the week’s top stories on the pages of Post&Parcel, including the latest on the TNT Express-UPS deal, the US Postal Service in Congress, and digital mail in Australia…
Read MoreUPS says “constructive” talks still ongoing over TNT Express offer
UPS confirmed today that “constructive” negotiations with TNT Express with regard to a possible takeover are continuing.
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