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TNT Express decides to Sell Airline to Secure UPS (NYSE:UPS) Deal – UPS, SPLS, DRYS, LVS, EBAY

On Fir dad, TNT Express NV (TNTE) deiced to sell its airline operations to ASL Aviation Group Ltd. in an effort to safeguard a contract to combine with United Parcel Service, Inc. (NYSE:UPS). The transaction is provisional on the completion of UPS’s planned 5.16 billion-euro ($6.58 billion) buy of TNT, the Hoofddorp, Netherlands-based the package-delivery […]