News / Analysis: After a sluggish H1, is TNT's business still at the right price for FedEx?

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A conference call following the release of TNT Express’s second-quarter results on Monday went through the details of blue banana promotions and several other issues, including how currency adjustments had played a more important role for the Dutch group than any operational improvement.

Aside from a brief reference to FedEx by Mark McVicar of Barclays – who wondered whether TNT was sticking to its Outlook programme or had amended it in the wake of the intended FedEx offer – not one ...