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Home>UPS Expands European Delivery Through TNT Express Acquisition

UPS Expands European Delivery Through TNT Express Acquisition

Perspectives Content Submission

Mon, 19 Mar 2012

United Parcel Service will be expanding its delivery network in Europe, South America and Asia through the acquisition of TNT Express. UPS (NYSE:  UPS ) agreed to acquire Netherlands-based TNT Express (NYSE Euronext: TNTE) for an all-cash offer of 9.50 Euros per share, 53.7% higher than the 6.18 Eu
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