ReePrime
TNT's weak profits make higher UPS bid less likely

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

TNT's weak profits make higher UPS bid less likely

E
euronews (in English)

40 Views • Feb 21, 2012

Description

TNT Express has posted weaker-than-expected results, which will not help it get a higher price from takeover bidder United Parcel Service.

The Dutch freight and delivery group's quarterly operating loss was 104 million euros, from a 24 million profit in the same period a year earlier.

...
http://www.euronews.net/