EU Regulators Prompt UPS to Drop $6.9 Billion Offer for TNT Express

, The Am Law Daily

   |0 Comments

After being told by European regulators that its proposed acquisition of Dutch rival TNT Express would not gain antitrust approval, UPS has withdrawn the offer. Freshfields and Allen & Overy have been advising UPS and TNT, respectively, while Baker & McKenzie and Cadwalader landed roles representing FedEx and Deutsche-Post's DHL in connection with those companies' efforts to derail the deal.

This article has been archived, and is no longer available on this website.

View this content exclusively through LexisNexis® Here

Not a LexisNexis® Subscriber?

Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202584440383

Thank you!

This article's comments will be reviewed.