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FedEx buys TNT for $4.8 billion; stock surges

FedEx Corp. will buy Dutch package delivery firm TNT Express for $4.8 billion, aiming to expand its presence in Europe and around the world. FedEx will offer 8 euros in cash per TNT share to investors  in a deal that will give TNT customers access to FedEx's global distribution platform. More: continued here

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FedEx agrees to take over Dutch rival TNT Express

THE HAGUE, Netherlands (AP) — American package delivery service FedEx has agreed to take over Dutch rival TNT Express, one of Europe's largest delivery companies, for 4.4 billion euros ($4.8 billion), the companies announced Tuesday, in a move FedEx said will strengthen its business around the world. More: continued here

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FedEx to buy TNT for $4.8 billion to expand Europe deliveries

FedEx Corp is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros (£3.2 billion), aiming to succeed where United Parcel Service failed two years ago when its bid was blocked by competition regulators. FedEx and TNT said on Tuesday they did not expect significant …

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FedEx Bids $4.8 Billion for TNT Two Years After UPS Deal

FedEx Corp. agreed to buy struggling Dutch logistics company TNT Express NV for 4.4 billion euros ($4.8 billion) to expand in Europe, two years after regulators blocked United Parcel Service Inc.’s own bid for the company. UPS in January 2012 offered 9.50 euros for each TNT share before pulling out …

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FedEx to buy TNT to expand Europe deliveries

By Toby Sterling and Rama Venkat Raman AMSTERDAM (Reuters) – FedEx Corp is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), aiming to succeed where United Parcel Service failed two years ago when its bid was blocked by competition regulators. FedEx …

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FedEx to buy TNT Express for 4.4 bn euros

US delivery service FedEx has reached a deal to buy Dutch rival TNT Express for 4.4 billion euros (4.8 billion dollars), ramping up its presence in Europe as global e-commerce continues to expand. The companies "reached conditional agreement on a recommended all-cash public offer of 8.00 (euros) per ordinary TNT …

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