Fedex to Buy TNT
04-06-2015, 09:48 PM
#1
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Joined APC: Jun 2006
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Fedex to Buy TNT
FedEx to buy TNT Express for $4.8BN
FedEx to buy TNT Express for $4.8BN
Matt Clinch | @mattclinch81
16 Mins Ago
CNBC.com
17
SHARES
U.S. courier delivery company FedEx has highlighted its intentions to expand globally with the purchase of Dutch-based rival TNT Express on Tuesday morning.
The deal is a all-cash public offer that values the European company at $4.8 billion and conditionally means that shares of TNT Express would be offered at 8 euros each.
It would also mean the combined European headquarters of the two firms would be in Amsterdam, the Netherlands, and Fedex stated in the press release that new debt arrangements would help fund the agreement.
FedEx to buy TNT Express for $4.8BN
Matt Clinch | @mattclinch81
16 Mins Ago
CNBC.com
17
SHARES
U.S. courier delivery company FedEx has highlighted its intentions to expand globally with the purchase of Dutch-based rival TNT Express on Tuesday morning.
The deal is a all-cash public offer that values the European company at $4.8 billion and conditionally means that shares of TNT Express would be offered at 8 euros each.
It would also mean the combined European headquarters of the two firms would be in Amsterdam, the Netherlands, and Fedex stated in the press release that new debt arrangements would help fund the agreement.
04-07-2015, 02:07 AM
#5
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Joined APC: Feb 2013
Posts: 1,339
Originally Posted by nightrider
Ups tried that but the regulators stopped it, it will be interesting to see if they do the same to fdx
04-07-2015, 03:26 AM
#6
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Joined APC: Jul 2006
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Posts: 2,382
Originally Posted by FrontSeat
I want this deal to go through just to see the positive spin little jerry will put on it.
Was that close enough ?
Rumor has it the company already knew this was going to happen when it cancelled new hire classes.
There is now a MEGA system bid in the works that will open CGN as a domicile to take advantage of new network flying when this deal is approved. 400 new hires in 2015 for this addition to the system.
AND, they are going to keep the water system operable on our B747s.
All of the above has been verified by the van driver.
04-07-2015, 03:30 AM
#7
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Joined APC: Sep 2006
Position: Retired
Posts: 3,717
Originally Posted by CactusCrew
By eliminating a European competitor when FedEx takes over DHL, UPS will realize an increase in market share with improved synergies related to its core focus on service and internal cost cutting.
Was that close enough ?
Rumor has it the company already knew this was going to happen when it cancelled new hire classes.
There is now a MEGA system bid in the works that will open CGN as a domicile to take advantage of new network flying when this deal is approved. 400 new hires in 2015 for this addition to the system.
AND, they are going to keep the water system operable on our B747s.
All of the above has been verified by the van driver.
Was that close enough ?
Rumor has it the company already knew this was going to happen when it cancelled new hire classes.
There is now a MEGA system bid in the works that will open CGN as a domicile to take advantage of new network flying when this deal is approved. 400 new hires in 2015 for this addition to the system.
AND, they are going to keep the water system operable on our B747s.
All of the above has been verified by the van driver.
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