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Europe Daily Bulletin No. 11464

9 January 2016
BUSINESS / (ae) competition
Commission gives thumbs-up to acquisition of TNT Express by FedEx

Brussels, 08/01/2016 (Agence Europe) - On Friday 8 January, the European Commission gave the go-ahead to the acquisition of Dutch parcel delivery service TNT Express by the United States' FedEx, following a detailed investigation that began in July 2015.

The Commission decided in the end that the acquisition does not raise any competition issues because the companies were not particularly close competitors (FedEx being less active on intra-EU markets than TNT Express) and the merged body...

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