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for the week of 5/5/2016 |
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FedEx-TNT Merger Clears Final Hurdle With Chinese Approval |
A final hurdle to FedEx’s proposed $4.8 billion acquisition of Dutch carrier TNT Express NV has been cleared via an unconditional approval from the Chinese Ministry of Commerce. The deal has already been blessed by authorities in the EU and Brazil, after an initial challenge last fall by the former. The deal will bring FedEx close to parity with UPS in Europe, or possibly launch it into second place behind EU market leader DHL.…» |
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Net-A-Porter and Tiffany & Co. Announce Global Collaboration |
NET-A-PORTER and Tiffany & Co. have struck a global partnership to make select Tiffany designs available on NET-A-PORTER.COM for a limited time. NET-A-PORTER is the only authorized online destination beyond Tiffany’s own channels for its iconic jewelry products, helping the brand reach new customers among NET-A-PORTER’s audience in more than 170 countries. …» |
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