United Parcel proposed new initiatives to promote M & TNT Express

United parcel to disclosed recently, plans to sell more than 10 countries TNT express delivery business, to make the European Commission approved the merger of TNT express. But the EU competition commissioner Joaquí n Almunia on these concessions adequacy raised objection.
Both UPS or TNT express, did not disclose the details and the European commission. According to Bloomberg, United Parcel Service already in the 13 member states of the European Union ( 27 members) to make concessions, which is included in the " European small market " to sell the TNT express delivery business. Reuters, UPS has put in more than 10 countries ( mainly Eastern European countries ) the sale of warehouse, and are associated with potential buyers ( including DPD and GLS ) negotiations.
European competition commissioner Joaquí n Almunia recently in the AmCham policy of European Union Competition Annual Congress said, at present, the EU closely united parcel and express TNT acquisition plan. The European Union will be in the next few weeks on the market analysis of remedies for test results, there will soon be a conclusion. The European Union will still pay close attention to the proper solution could eventually eliminate about European parcel express market competition concerns.
According to the report, the European Union is expected in February 5, 2013 the United Parcel -TNT express M & a motion made a formal resolution. If a resolution in support of United Parcel proposed remedies, after 6 months will accomplish the asset sale.
MYEX Fujian Asia International Express
2012-12-25