FedEx FDX

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    1. From Barron’s, April 13, 2015 (Part 1)

      Commentary

      Sat, 11 Apr 2015

      about other possible acquisition targets includes BP , TLW .uk, OPHR .uk, DGO .uk, GENL .uk, SIA .uk. Elsewhere, FDX is buying TNTE .ne/ TNTEY . Pg M7, Asia: The HK rally will continue on buying from Chinese retail investors, mutual

    2. Friday Five: Big Deal Week a Mixed Bag for Investors

      Video Reports

      Thu, 9 Apr 2015

      that we are more bullish on this week was [TICKER: FDX ] FedEx and TNT. What's the story with that deal, and why ..... comparatively smaller deal at only $4.8 billion. [TICKER: FDX ] FedEx is going to buy TNT Express, which will give them access

      FedEx found at 3:26

      happen. Stipp: Another deal that we are more bullish on this week was [TICKER: FDX ] FedEx and TNT. What's the story with that deal, and why does that look like it could be a good combination? Glaser: This is comparatively smaller deal at only $4.8 billion. [TICKER: FDX ] FedEx is going to buy TNT Express, which will give them access to the intra-Europe delivery that they don't really have a lot of exposure to right now. According to Keith Schoonmaker, our [TICKER: FDX ] FedEx analyst, this is a complementary fit for the two companies. It gives [TICKER: FDX ] FedEx access to a market it doesn't have now, and he thinks over time it is going to help expand FedEx's moat and that it makes quite a bit of sense. Interestingly, [TICKER: FDX ] FedEx in the past had said they weren't interested in TNT. They were worried about the price. But it seems like the stronger dollar has really helped make valuations of European companies look much more attractive, and [TICKER: FDX ] FedEx was able to get this deal done at what we think is a fair price. Also from a regulatory standpoint, because these
    3. FedEx to buy TNT for $4.8 billion to take on rivals in Europe

      Headlines

      Tue, 7 Apr 2015

      AMSTERDAM (Reuters) - 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.

    4. In TNT, FedEx may get last major package target UPS once sought

      Headlines

      Tue, 7 Apr 2015

      CHICAGO, April 7 (Reuters) - FedEx Corp's $4.8 billion bid Tuesday for TNT Express took the world's last large potential package delivery acquisition target off the table, marking a victory in...

    5. CORRECTED-US STOCKS-Wall St up on deals, biotech boost

      Headlines

      Tue, 7 Apr 2015

      NEW YORK, April 7 (Reuters) - U.S. stocks rose on Tuesday, extending two sessions of gains for the S&P 500, with deals including a bid from FedEx for a Dutch peer indicating companies still see value...

    6. Europe shares rise as FedEx /TNT bid feeds M&A fever

      Headlines

      Tue, 7 Apr 2015

      * France's CAC, Italy's MIB, Spain's IBEX hit multi-year highs

    7. Europe shares rise as FedEx /TNT bid feeds M&A fever

      Headlines

      Tue, 7 Apr 2015

      * France's CAC, Italy's MIB, Spain's IBEX hit multi-year highs

    8. UPDATE 7- FedEx to buy TNT for $4.8 bln to take on rivals in Europe

      Headlines

      Tue, 7 Apr 2015

      * GRAPHIC: http://link.reuters.com/rub54w (Adds quotes from FedEx executives from analyst call)

    9. FedEx Strikes Agreement to Purchase TNT Express

      Commentary

      Tue, 7 Apr 2015

      FedEx and TNT Express secured a deal whereby FedEx intends to purchase TNT Express for EUR 8 per share. TNT ..... raising our fair value estimate to EUR 8 per share to reflect FedEx ’s bid for all outstanding shares—our previous EUR 5.50

    10. Fedex CFO: 2 years to "restore credit position" after TNT buy

      Headlines

      Tue, 7 Apr 2015

      AMSTERDAM, April 7 (Reuters) - Fedex will take about two years to get its debt leverage ratio back to current levels after it buys TNT Express, Chief Financial Officer Alan Graf said on Tuesday.

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