The European Commission is about to “raise serious doubts” about UPS’ €5.2 billion takeover of TNT Express, which is parent to TNT Airways, according to a report by the Financial Times. Citing sources, the FT said the Commission is wrapping up its investigation and will issue a statement of objections “as early as next week.” The Commission is concerned the deal will limit competition. UPS will have to offer concessions if it still wants the deal to ...

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