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TNT Deal Opens UPS To Sanctions Risks

TNT Deal Opens UPS To Sanctions Risks

Published by Wall Street Journal United Parcel Service Inc. could be opening itself up to new risks as it moves forward with its acquisition of Netherlands-based TNT Express NV, an express-mail company with a global reach that includes Iran, Cuba and Syria

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Fedex in talks to buy France’s TATEX

Fedex in talks to buy France’s TATEX

Published by Reuters FedEx Corp (FDX.N) said on Tuesday it is in talks to possibly buy French express company TATEX, less than two weeks after announcing plans to buy family-owned Polish shipping company Opek Sp. Z o.o., as it expands in Europe with small takeovers. FedEx, the world’s No. 2 package delivery company, has said it plans to grow organically and through small “tuck-in” purchases in Europe, where it expects a mild recession.

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TNT Deal Opens UPS To Sanctions Risks

FedEx to buy Polish courier company Opek

FedEx signed an agreement Thursday to acquire Polish courier company Opek, part of an attempt to at least partially counter the blockbuster United Parcel Service (UPS)-TNT Express merger. Published by Air Transport World

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