United Parcel Service (UPS) said Friday it has put in place financing to complete the acquisition of Amsterdam-based TNT Express.
United Parcel Service 767. Courtesy, UPS United Parcel Service (UPS) said Friday it has put in place financing to complete the acquisition of Amsterdam-based TNT Express. In a move likely to alter the express delivery landscape in Europe, UPS in March reached a deal to buy TNT for €5.16 billion ($6.8 billion) (ATW Daily News, March 20). The Atlanta-based company said it will finance the purchase with €3.7 billion of available cash on its balance sheet and €1.46 ...
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