The EU cleared FedEx's 4.4-billion-euro deal to buy Dutch rival TNT Express.
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The EU cleared FedEx's 4.4-billion-euro deal to buy Dutch rival TNT Express.
Paris:
The EU Commission has cleared FedEx's 4.4-billion-euro ($4.8 billion) deal to buy Dutch rival TNT Express, a key tieup for the e-commerce delivery business, the companies said Friday. -"After its investigation, the European Commission has concluded that the deal does not raise any competition concerns,-" they said in a joint statement.
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