UPS Wins Court Challenge Against EU Block To TNT Bid
An EU court agreed with United Parcel Service (UPS. N) on Tuesday that the EU had wrongly blocked its takeover of Dutch peer TNT four years ago, potentially allowing the world’s largest package delivery company to sue regulators for damages. The European Commission rejected the 5.2 billion euro ($5.5 billion) deal in 2013, saying UPS … Read more