The TNT shareholders have between Monday and 30 October to accept the proposed acquisition offer from FedEx. A joint statement from the two companies said the deal will be discussed with shareholders at a meeting on 5 October. The offer made to shareholders is a public cash offer, priced at €8 (£5.77) per ordinary share, providing at least 95% of shareholders vote in favour of the deal. However that figure will be reduced to 80% if shareholders vote in favour […]
Scania is to appeal today’s €881m (£771m) fine from the European Commission (EC) over price-fixing, after refuting the findings.
Tesco’s £3.7bn merger with wholesaler Booker has won approval from shareholders.
TNT Express has restructured its UK and Ireland international division sales force as part of a wider strategy to boost turnover and improve customer service.