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£4.3bn deal would create world’s biggest parcel delivery company

UPS has agreed a takeover of Dutch firm TNT. Picture: AP

UPS has agreed a takeover of Dutch firm TNT. Picture: AP

United Parcel Service (UPS) has agreed to pay €5.2 billion (£4.3bn) for Dutch peer TNT Express in a deal that would make the world’s largest package delivery company the market leader in Europe.

 

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