Antitrust concerns will force UPS to scrap its acquisition of Dutch TNT Express. UPS expects the European Commission will not allow the proposed $7 billion deal to happen, despite negotiations over ...

FILE - In a Jan. 25, 2007 file photo Brandy Goggin polishes a UPS sign on a UPS truck in New Orleans. United Parcel Service Inc. said Monday March 19, 2012, it has agreed to buy TNT Express NV for ...

United Parcel Service Inc said it would drop its 5.2 billion euro ($7 billion) bid for TNT Express on the expectation of a European Commission veto, halving the value of the Dutch delivery firm as its ...

UPS scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to reject the $6.9 billion deal. It would have been ...

This story appears in the March 26 print edition of Transport Topics. Click here to subscribe today. UPS Inc. last week announced its largest-ever acquisition, a $6.8 billion deal to buy Dutch package ...

AMSTERDAM – United Parcel Service Inc. has ditched its €5.2 billion ($6.9 billion) takeover of TNT Express NV after learning that European regulators would reject the deal in its current form. Though ...

This story appears in the Feb. 27 print edition of Transport Topics. Click here to subscribe today. UPS Inc. said late last week it was continuing talks to buy European package carrier TNT Express, ...

AMSTERDAM United Parcel Service Inc. (UPS) has ditched its 5.2 billion euro ($6.9 billion) takeover of TNT Express NV after learning that European regulators would reject the deal in its current form.

ATLANTA (AP) -- United Parcel Service Inc. said Friday that it has lined up the financing it needs for its bid to acquire Europe's No. 2 express-mail company, Netherlands-based TNT Express. UPS, the ...

TNT Express investors are pressuring United Parcel Services (NYSE:UPS) to increase its bid after rejecting an earlier nine-euro-a-share offer on Friday, according to a report by Reuters. Shares of the ...

United Parcel Service has reached a deal that would allow it to buy Dutch logistics company TNT Express for around 5.2 billion euro ($6.8 billion). UPS will pay 9.5 euros ($12.5) per share for TNT ...