FedEx Settles TNT Express Shares Tendered In Acceptance Period - Quick Facts

(RTTNews) - FedEx Corp. (FDX), FedEx Acquisition B.V. and TNT Express N.V. announced FedEx has acquired TNT Express in a 4.4 billion euros deal. The companies said the integration process will begin immediately. Once the integration is complete, FedEx expects customers to enjoy an expanded global offering that draws upon the breadth of expertise from both companies.

The companies said shareholders may tender their shares under the offer during a post-closing acceptance period which commenced on 19 May 2016 and will expire on 1 June 2016. Shareholders who have not yet tendered their shares under the offer still have the opportunity to do so during the post-closing acceptance period.