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, ...

Subscribe to Access this Entire Article

"Chinese approval sets stage for FedEx-TNT merger’s closing" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.