FedEx Wins No-Strings-Attached Approval for TNT Deal From EU

  • EU sees no antitrust concerns with FedEx adding TNT to network
  • Companies still working to win approval in China, Brazil

FedEx Corp. won unconditional approval from European Union regulators to buy smaller parcel delivery rival TNT Express NV, almost three years after United Parcel Service Inc. was blocked from a similar takeover.

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