Friday, September 20, 2024

Brazil approves FedEx takeover of TNT Express

Brazil’s Conselho Administrativo de Defesa Econômica, the country’s competition authority, has unconditionally approved the FedEx acquisition of TNT Express. FedEx and TNT made a joint statement to reveal the news and it comes after the European Commission gave the green light for the 4.4 billion euro ($4.8 billion) takeover of the Dutch courier delivery firm […]