tnt
TNT Express has added a new road service to and from Montenegro, following the recent addition of Albania, Macedonia, Belarus and Moldova. The twice-weekly scheduled departures to Podgorica, Montenegro’s capital, is available for parcels or freight up to 500kg per piece, with transit times within Europe 2-6 days depending on the distance. TNT Express will serve Montenegro out of a new bonded warehouse in Belgrade.
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EU regulators said on 5 September that they would extend their review of UPS's proposed takeover of TNT Express , triggering an admission from the US parcels giant that the deal would not now be completed until early 2013, instead of the hoped-for deadline of late 2012. Brussels said that ...
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The European Commission has resumed its examination of UPS’s proposed acquisition of TNT Express and has set a new deadline, of 20 December. UPS had already extended its public offer for the Dutch-based company from 31 August to 9 November. However, the two companies said they still hoped to complete ...
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The European Commission has temporarily suspended its investigations into UPS's bid to acquire TNT Express, putting further doubt on whether the deal can be completed by the two companies hoped for date of late 2012. Brussels said it was seeking more information.
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The European Commission has asked for more time to review UPS's proposed acquisition of TNT Express , saying that there are certain areas that require more time to analyze. As a 'Phase II' investigation can take up to 25 weeks to complete, it is likely the offer condition relating to ...
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UPS and TNT Express have formally announced on a recommended all-cash offer of €9.50 per ordinary share for TNT Express. It values the latter's outstanding ordinary shares at about €5.16 billion. UPS will finance the Offer by using €3.7 billion of available cash on its balance sheet and €1.46 billion ...
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UPS has agreed to buy rival carrier TNT Express for about €5.16 billion, slightly more than the initial €4.9 billion offer rejected by the Dutch-based operator earlier this month. TNT's executive and supervisory boards said they would unanimously intend to support and recommend the offer.
In a joint statement, the two ...
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UPS says that it is still interested in buying rival express carrier, TNT. In a statement issued on 16 March, the US-based company said it “ remains in constructive discussions with TNT Express N.V. regarding a potential transaction to acquire the entire issued share capital of TNT Express.”
It adds that ...
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UPS is reported to be nearing agreement to buy TNT Express NV following the rejection of the US giant's initial €4.9 billion euro offer was rejected, according to Bloomberg. The news agency reported that the sides are now close to a deal on the price, but on conditions that may lead to ...
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TNT Airways has a signed an agreement for the delivery and lease of three new Boeing 777-200 Long Range Freighters with Guggenheim Aviation Partners. The first aircraft will enter service by July 2011 and the others by the end of 2011. The new aircraft will replace two owned B747-400ERFs and ...
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