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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| FedEx Corp | NYSE:FDX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.02% | 260.60 | 263.00 | 260.17 | 262.84 | 929,526 | 00:54:32 |
From May 2019 to May 2024
By Josh Beckerman
FedEx Corp. has received U.S. antitrust approval to buy TNT Express NV, a $4.8 billion deal announced in April.
The transaction was included in a Federal Trade Commission list of transactions receiving early termination of antitrust waiting periods.
FedEx and TNT said Oct. 20 they were informed by the European Commission that "no statement of objections will be issued" in Europe, clearing one of the biggest hurdles for the deal. The European review has a Jan. 13 deadline.
In January 2013, European regulators scuttled United Parcel Service Inc.'s pending deal to buy TNT.
FedEx said in laet October that it expected holiday shipments to increase 12% between Black Friday and Christmas Eve, fueled by growth in e-commerce shopping.
Write to Josh Beckerman at josh.beckerman@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 24, 2015 19:40 ET (00:40 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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