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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