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News Breaks | | | | October 31, 2012 | | 17:45 EDT |  | UPS | AFM grants exemption to extend offer period of UPS, TNT Express deal
United Parcel Service and TNT Express announced The Netherlands Authority for the Financial Markets, AFM, has granted an exemption to extend the Offer Period for the proposed acquisition of TNT Express. Pursuant to the AFM exemption, the Offer Period is further extended until one week after clearances from the European Commission and the Chinese Ministry of Commerce, MOFCOM, have been obtained, but under no circumstances later than 28 February 2013. | |
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