FedEx Corp. said the worldwide operations and communications systems of its TNT Express unit in Europe have been “significantly” affected by a cyberattack, causing delays in deliveries. Financial ...
In the Extraordinary General Meeting held a week ago on October 5, TNT shareholders unanimously voted in favor of the FedEx takeover. They discussed and agreed to FedEx’s offer to buy-out all issued ...
Three years ago, United Parcel Service called off its planned merger with Dutch rival TNT Express after the European Commission threatened to block the deal due to antitrust concerns. Last April, ...
This story appears in the May 30 print edition of Transport Topics. FedEx Corp. announced last week that it would begin integration of TNT Express assets immediately after completing the $4.9 billion ...
FedEx has settled the TNT Express Shares tendered in the Acceptance Period Remaining Shares can still be tendered in the Post-Closing Acceptance Period MEMPHIS, Tenn. & HOOFDDORP, ...
US courier giant FedEx Corporation’s (FedEx) €4.4 billion (c.$4.8bn/£3.2bn) bid for Dutch rival package delivery firm TNT Express N.V. to expand its European operation has sparked a boost in courier ...
FedEx (NYSE:FDX) said an information system virus hit the shipping giant’s TNT Express unit, which experienced service disruptions on Wednesday. FedEx, which acquired Dutch parcel company TNT Express ...
FedEx said that it may not be able to recover all the systems affected by the Petya cyberattack and that the financial hit is unknown but "it is likely that it will be material" since the company didn ...
In a move that will surely realign the global parcel delivery market, FedEx Corp. plans to buy TNT Express N.V. in a $4.8 billion cash deal. Both firms noted in a statement that they expect to wrap up ...
FedEx is confident it will successfully take over Dutch peer TNT Express following a failed bid by rival United Parcel Service (UPS) three years ago, the global courier service told CNBC on Tuesday.
Shipping giant FedEx said Wednesday that deliveries were slowed at its Dutch unit TNT Express after the firm was hit by the latest major computer virus attack. Trading in FedEx shares was halted for ...