Memphis-based FedEx Corp.’s acquisition of Netherlands-based TNT Express is nearing completion after gaining regulatory approval in China. With the necessary clearance from competition authorities in the US, European Union and Brazil already in hand, China was the last outstanding country where government officials could have attempted to veto the FedEx-TNT merger. But China’s ministry of commerce has given its “unconditional approval,” according to FedEx and TNT, ...

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