eu opens antitrust probe into fedextnt express merger
Tuesday 28 January 2025
Last Updated : GMT 06:49:16
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EU opens anti-trust probe into FedEx / TNT Express merger

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Arab Today, arab today EU opens anti-trust probe into FedEx / TNT Express merger

FedEx
Brussels - Arab Today

The EU said Friday it has opened an anti-trust probe into the planned multi-billion-euro merger of US delivery service giant FedEx and Dutch rival TNT Express.

"The European Commission has opened an in-depth investigation to assess whether the proposed acquisition of TNT Express by FedEx Corporation is in line with the EU merger regulation," the bloc's executive arm said in a statement.

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