UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]
10) Humberto Delgado Rosa – Director for adaptation to climate change and low carbon technology, DG Climate Action, European Commission Who we here you say? Delgado Rosa is one of the most influential European policy wonks you will never have heard of.
Viridor Waste Management has acquired JWT Holdings, a waste collection and recycling business based in Atherton, Greater Manchester, from John William Thomasson for £7.6m. JWT Holdings employs 45 staff and handles around 70,000 tonnes of material a year. Its materials recycling facility and fleet of 29 vehicles will be integrated into Viridor’s northern region, complementing the commercial collection services of its Trafford Park Operation, says owner Pennon Group. The acquisition will provide excellent synergies with Viridor’s activities in Manchester and […]
The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. The clearances are not expected to be issued before the end of the current offer period on 9 November. The latest extension will see the […]