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Merger UPS and TNT Express: an operation for EUR 5,16 billion

Atlanta, Usa - Two realities will create a world reference into logistics industry

United Parcel Service, Inc. and TNT Express NV today jointly announce that they have reached agreement on a recommended all-cash public offer of EUR 9.50 per ordinary share by UPS for TNT Express (the "Offer"). TNT Express' Executive and Supervisory Boards unanimously intend to support and recommend the Offer. The offer price of EUR 9.50 (including any dividend or other distribution other than...

fra/pec - 1138769

AVIONEWS - World Aeronautical Press Agency
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