UPS to take $896m hit from New England pension restructuring
UPS has secured an agreement with a pension fund in New England to restructure the pension liabilities for 10,200 of its employees.
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EU restarts clock on UPS-TNT Express merger investigation
The European Commission confirmed today that its review of the proposed acquisition of UPS by TNT Express has now resumed.
Read MoreUPS extends TNT Express offer deadline by 10 weeks
UPS today confirmed it is extending the deadline for its EUR 5bn offer for rival TNT Express by 10 weeks.
Read MoreEU Commission stops clock on UPS-TNT merger investigation
The European Commission has confirmed it has suspended its Phase 2 investigation into the proposed acquisition of TNT Express by its US rival UPS.
Read MoreTNT Express “absolutely confident” of EU approval for UPS deal
TNT Express board members said today they were “absolutely confident” that European competition authorities will approve the company’s acquisition by rivals UPS.
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