News / FedEx takeover of TNT an opportunity, not a challenge, for us, says DHL Express

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DHL Express has shrugged off the potential challenge of a newly-enlarged FedEx once it completes its acquisition of Dutch express provider TNT.

With the European Commission’s competition directorate offering no objections to FedEx’s takeover of TNT, and none expected to be issued, the deal is expected to be completed by the end of the first half of next year, significantly boosting the US operator’s presence in Europe.

During a question and answer session at this week’s third-quarter results presentation in Bonn, Deutsche ...