FedEx shops in Europe
The US FedEx has agreed to buy Dutch rival TNT Express, for 4.4 billion euros.
Therefore seeks to expand its activities in Europe.
FedEx is offering less than willing to pay the United Parcel Service (UPS) two years ago, a charge that was blocked by the Competition European Commission.
The two companies, FedEx and TNT Express, have a “conditional agreement” that FedEx offers eight euros per share of TNT, which assesses the Dutch company at 4.4 billion.
The offer is 33% higher than the closing price of TNT on Friday, a company that has not had an easy life on the stock market in the last 12 months, reflecting the operational difficulties in a sector with high competition – the transport sector of goods and logistics – and margins under pressure.
FedEx offer news made the shares of TNT shoot in Amsterdam stock exchange, to values close to eight euros per share offered by the US.
In January 2012theUPShad offered9.50 eurospershareofTNT, buteventually withdrewthe offerbefore theintransigenceof regulators.
With experienced operational deterioration, however, by TNT, the eight euros per share just earned the endorsement of the administration of TNT.
Read more:
http://investors.fedex.com/investor-home/default.aspx
http://www.tnt.com/corporate/en/site/home/investors/share_information/shareprice_monitor.html
bewayopa 
Well spotted! I’ll keep it in mind.
April 8, 2015 at 10:04 am
Thanks for such an informative article.
April 8, 2015 at 1:39 pm
That’s good to know, thank you!
April 8, 2015 at 8:29 pm
Important information to know.
April 9, 2015 at 12:34 am
Very good company.
April 9, 2015 at 3:57 am
Well done post.
April 9, 2015 at 9:29 pm
Good to know.
April 11, 2015 at 3:04 am
Great Information! Thanks!
April 11, 2015 at 9:55 pm
Great post. Well done.
April 12, 2015 at 11:17 am