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United Parcel Service Updates on Offer for TNT Express-DJ


Monday, 12 Mar 2012 02:52pm EDT 

Dow Jones reported that United Parcel Service announced that the Company does not intend to increase a bid offer of EUR 4,9 billion for the acquisition of the issued capital of TNT Express. Shareholders of TNT Express would expect an offer of EUR 9,5 per share. The Company will maintain an offer of approximately EUR 9 per share. Further details were not disclosed. 

Company Quote

87.21
-0.93 -1.06%
11:31am EDT