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The Wall Street Journal: EU regulators weigh seeking concessions on FedEx-TNT deal

2015-10-02 09:11:36| Trucking - Topix.net

FedEx Corp. has run into unexpected hurdles in its planned takeover of Dutch rival TNT Express NV, as European regulators consider demanding concessions, such as asset sales, which could throw the deal off course. executives have portrayed the proposed a 4.4 billion merger as a sure thing, arguing it bears little resemblance to an earlier bid for TNT by rival United Parcel Service Inc. That deal failed in early 2013 after resistance from Europe's antitrust cops.

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