default_image
© Khunaspix Dreamstime.

TNT has issued a profit warning following “materially lower” third-quarter results. But the board secured shareholder approval for the Dutch company’s $4.9bn takeover by FedEx. TNT said it had suffered from economic volatility in Brazil, China and Australia, while it saw reduced margins in its French business.

Comment on this article


You must be logged in to post a comment.