US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer
The ITF (International Transport Workers’ Federation) Congress in Sofia, Bulgaria, has launched the global “Safe Rates and a Safe Industry – We’re In, Are you?” campaign for Australian truck drivers in the ...
United Parcel Service (UPS) and TNT Express have been informed by the European Commission (EC) that it is working on a decision to prohibit the proposed acquisition of TNT Express. The EC has raised a number of concerns about the merger, ...
A surge in mining activity and online retail sales in south east Queensland has prompted TNT Express to open a new freight facility in Brisbane’s north. The 5,000 m2 depot features a fully automated parcel sortation system ...
Tags: mining activity, online retail sales, automated parcel, parcels
TNT N.V. announced the acquisition of ARC India Limited which operates under the trade name Speedage Express Cargo Services, one of the leading road express companies in India. This acquisition is a key component of TNT's Focus on ...
Tags: ARC India Limited, TNT N.V., acquisition, business to business express