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- 08.04.2015 - FedEx wants to increase its market share in Europe
08.04.2015 - FedEx wants to increase its market share in Europe
American corporation that provides services in courier delivery, logistics and postal services FedEx announced its intention to purchase the Dutch company TNT Express for about 4.8 billion US dollars. This step will allow the company to expand market share in Europe. The deal was approved by the Board of Directors of the Dutch company. Aggressive investment policy of the American company aimed at increasing revenue in the European Union, which continues to grow but has a number of features in the form of different legislation of the countries. We appreciate the move of the company and its growth forecast is about 13-15% by the end of the year.