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 […]

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