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Read More »FedEx Aided by Strong Dollar in ‘Perfect-Timing' Bid for TNT
FedEx Corp.’s plan to buy Dutch parcel-delivery company TNT Express NV highlights how a strong dollar is facilitating purchases by U.S. companies in Europe. FedEx agreed to pay 4.4 billion euros ($4.8 billion) for TNT. FedEx said the dollar’s strength contributed to “perfect timing” on its bid, with the euro …
Read More »FedEx CEO: Planets align on TNT deal
A strong dollar, ongoing stimulus in Europe and low oil prices made a deal between FedEx and TNT Express possible, Fred Smith tells CNBC. More: continued here
Read More »FedEx Agrees to Buy Netherlands' TNT Express for $4.8 Billion
NEW YORK (The Deal) — FedEx said on Tuesday that it has agreed to buy struggling Dutch package-delivery company TNT Express in a deal valuing TNT at €4.4 billion ($4.8 billion) as Memphis-based FedEx seeks to expand its global footprint. TNT's executive and supervisory boards unanimously support the deal, while …
Read More »Nike Kyrie 1 “Infrared” – Available Early on eBay – Sneaker News
Sneaker News Nike Kyrie 1 "Infrared" – Available Early on eBaySneaker NewsLooking to secure the hottest upcoming colorway of the Nike Kyrie 1 in advance before they officiallly release? You're in luck, because the “Infrared” edition of the all-star point guard's first signature shoe is hitting eBay right now. The …
Read More »FedEx Shoots Higher On TNT Express Acquisition
Shares of FedEx Corporation (NYSE: FDX ) gained more than 5 percent in the pre-market session following the company's announcement that it agreed to acquire Netherlands-based TNT Express NV (OTC: TNTEY … More: continued here
Read More »FedEx Bids $4.8 Billion for TNT Two Years After Blocked UPS Deal
FedEx Corp. agreed to buy Dutch parcel-delivery company TNT Express NV for 4.4 billion euros ($4.8 billion), predicting it can succeed where bigger rival United Parcel Service Inc. was blocked by regulators in 2013. UPS in January 2012 offered 9.50 euros for each TNT share before pulling out of the …
Read More »FedEx to Acquire TNT Express for $4.8 Billion
FedEx touted the deal as an expansion of its shipping operations across Europe More: continued here
Read More »FedEx (FDX) Stock Soaring Today on TNT Express Purchase
NEW YORK (TheStreet) — Shares of FedEx Corp. are higher by 4.40% to $174 in pre-market trading on Tuesday morning, after the package delivery service company announced it is buying Netherlands-based international courier TNT Express for $4.8 billion in order to expand its presence in Europe.TheStreet's Jim Cramer, Portfolio Manager …
Read More »FedEx to buy TNT for $4.8 billion to take on rivals in Europe
FedEx Corp is to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), stepping up the challenge to rivals United Parcel Service and Deutsche Post in Europe. European regulators blocked a 2013 takeover of TNT by UPS due to concerns it would stifle competition, …
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