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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European regulators that its proposed acquisition of Dutch rival TNT Express would not gain antitrust approval, UPS has withdrawn the offer.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.
January 14, 2013 at 06:45 PM
1 minute read
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