Daily Archives: 2012-03-20


TNT BAe 146QT OO-TAW

UPS to buy TNT

Parcel-delivery giant UPS has agreed to buy TNT Express for US$6.8 billion. Negotiations began in February, when UPS made an unsolicited offer of US$6.5 billion. Although that offer was rejected, negotiations continued, culminating in the deal announced on 19 March. Integration of TNT’s network into UPS’ operations is expected to […]