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>> TNT Latest News

JAN 30, 2013 - Yahoo! News

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EU antitrust regulators block 5.2 billion euro UPS, TNT deal

BRUSSELS (Reuters) - EU antitrust regulators blocked a 5.2 billion euro ($7 billion) bid by United Parcel Service Inc for TNT Express , denting the world No. 1 package delivery company's hopes of expanding its presence in Asia and Latin America. The EU regulatory veto means the world's No. 1 package delivery company may now have to grow via smaller acquisitions or organically, while TNT could come under pressure to change management or revise its business strategy to deflect activist shareholders. ...

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