The afternoon of February 21, Europe’s second largest courier service company TNT Express NV, earlier rejected United Parcel Service (United Parcel Service Inc.) issued the bid application. the analyst refers to a UPS bid failed, FedEx (FedEx Corp..) is likely to become TNT’s potential bid for buyers.
the Fund Franklin Templeton (Franklin, Templeton, Investments,) the portfolio manager people Katrina, Dudley said: “from the current situation, after the failure of the UPS bid, FedEx no doubt is the potential bidders for the TNT. In my opinion, this is a golden opportunity.”
as early as the 17th of this month, is headquartered in ?????? of TNT had said in a statement released to the monitoring and enforcement of the company’s board rejected the price of 9 euros per share for the acquisition of TNT UPS proposed issued shares of the request. This is compared to the latter on Friday of 6.34 euros per share closing price premium of 42%. UPS is headquartered in Atlanta to confirm the acquisition negotiations continue. BB & T Capital Markets analyst Sterling (Kevin Sterling) said that the bid suffered in the UPS, FedEx bid for the space is open. Stirling said in an interview: “after the bid for TNT, FedEx will benefit more, and not just the acquisition of so simple, because the company’s business in the European market is not large enough, but UPS has made it clear said, is committed to continue to expand its business in the European market, they will not miss the opportunity in the European market. “(Wen rice bowl)