Antitrust concerns will force UPS to scrap its acquisition of Dutch TNT Express. UPS expects the European Commission will not allow the proposed $7 billion deal to happen, despite negotiations over ...

United Parcel Service Inc said it would drop its 5.2 billion euro ($7 billion) bid for TNT Express on the expectation of a European Commission veto, halving the value of the Dutch delivery firm as its ...

AMSTERDAM – United Parcel Service Inc. has ditched its €5.2 billion ($6.9 billion) takeover of TNT Express NV after learning that European regulators would reject the deal in its current form. Though ...

AMSTERDAM United Parcel Service Inc. (UPS) has ditched its 5.2 billion euro ($6.9 billion) takeover of TNT Express NV after learning that European regulators would reject the deal in its current form.

UPS’s tie-up with TNT Express was blocked by the European Union two years ago. Now, the world’s biggest package delivery company wants the EU to frustrate FedEx Corp.’s bid to run off with the Dutch ...

Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory environment, a rapidly changing technology landscape, and an increasingly competitive ...

United Parcel Service Inc. and TNT Express N.V. on Monday, March 19, jointly announced that they have reached agreement on a recommended all-cash public offer of EUR 9.50 per ordinary share by UPS for ...

United Parcel Service Inc.’s $6.8 billion deal to acquire Dutch package shipper TNT Express will expand UPS’ global footprint, but failure to consummate the deal could cost both companies millions. In ...

FILE - In this Feb. 21, 2012 file photo a TNT delivery truck is seen behind a closed gate in Hoofddorp, near Amsterdam, Netherlands. United Parcel Service Inc. has ditched its euro5.2 billion (US$6.9 ...