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UPS TNT offer ‘still live’

UPS says that it is still interested in buying rival express carrier, TNT. In a statement issued on 16 March, the US-based company said it “ remains in constructive discussions with TNT Express N.V. regarding a potential transaction to acquire the entire issued share capital of TNT Express.” It adds that it still plans to submit a request for approval of its offer document to the Netherlands Authority for the Financial ... [+]