European Commission extends deadline for investigation into FedEx-TNT merger


 

The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT. The new deadline is 13 January compared with the original 7 December deadline. It came after the two operators requested more time. Ricardo Cardoso, spokesman for competition policy of the EC, said:  “We can confirm that the deadline for the commission to decide on the proposed merger has been extended until 13 January. “The parties have requested a 20 day […]