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TNT Express B.V.

TNT Express B.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 19 mar 2012 - 07:29
Statutory name TNT Express B.V.
Title UNITED PARCEL SERVICE AND TNT EXPRESS TO CREATE A GLOBAL LEADER IN THE LOGISTICS INDUSTRY
Comments United Parcel Service and TNT Express Reach Agreement on Recommended All-Cash Public Offer of €9.50 per Ordinary TNT Express Share Transaction Highlights • United Parcel Service, Inc. (“UPS”) and TNT Express N.V. (“TNT Express”) have reached agreement on a recommended all-cash offer of €9.50 per ordinary share for TNT Express, representing a premium of 53.7% to the unaffected share price of TNT Express of €6.18 on February 16, 2012, the day before TNT Express and UPS announced their on-going discussions • The transaction values TNT Express at approximately €5.16 billion ($6.77 billion( )) • The Executive and Supervisory Boards of TNT Express unanimously intend to support and recommend the offer