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 […]
April 4, 2014 Ashleigh Wight
TNT Express chief financial officer Bernard Bot is to step down from his position this year.
January 8, 2016 Hayley Pink
The European Commission (EC) has given the green light to FedEx’s €4.4bn (£3.2bn) bid for TNT Express announced in April last year.