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EU will approve UPS-TNT deal, analyst predicts

Industries

Thursday, November 15, 2012

Concern by European Union authorities about too much concentration of power in the parcel business should UPS be allowed to acquire TNT Express has increased the chance the deal could be scuttled, but two industry analysts this week expressed confidence the merger would still go through. Last month, the European Commission delivered to UPS and TNT a laundry list of objections to the $6.5 billion takeover detailing multiple countries where regulators believe FedEx and DHL may n...

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