UPS on January 14 evening announced the suspension of TNT acquisition , which also means the value of $ 6.8 billion in the courier industry s largest acquisition to date officially failed. TNT Group also released the same period in the same statement . UPS said the merger termination from the European Commissions objections .
Stimulated by the news of the merger termination , TNT14 Japanese shares plunged 40.1% , as of press time Times reporter received € 4.94
Although the compensation of 200 million euros will be paid to UPS TNT Express, a former TNT executive told reporters , TNT has a number of companies engaged in the dismantling mergers and acquisitions for a period of 10 months to prepare , has great strength to let TNT injuries. TNT China s business world is even more embarrassing is located in Arima "sell and do not sell" edge.
Since March 2012 UPS announced a 5.2 billion euros (U.S. $ 6.85 billion ) acquisition of Europe s second-largest express delivery company TNT Express service since this ambitious courier industrys largest acquisition because of too much attention and arduous process . As the annual revenues of the new company after the merger is expected to be over 45 billion euros , with the share of Europe in this area can be the first match of Deutsche Post . EU antitrust agency said in 2012 to oppose the acquisition , and often to be reviewed .
In order to eliminate obstacles to the review , UPS in November has provided a number of remedial measures , and the acquisition of two requests for modification . TNT also had to adjust our business to sell 100% stake in TNT Airways and Pan- skies aviation companies to ASL Aviation Group conditionally .
January 11 , UPS and TNT renewed talks with European Union antitrust authorities , but the results were disappointing. UPS CEO Scott - Davis (Scott Davis) said after the meeting : "We are deeply disappointed by the attitude of the European Commission , in order to address the Commission s concerns about the deal , we propose a significant , tangible remedies measures . "

TNT aspects were revealed after the January 11 meeting with European Union antitrust authorities , UPS notify its approval of the transaction can not see the reality of the prospects , UPS will terminate the deal. € 200 million termination fee paid to the UPS TNT. But the 200 million euros is unlikely to compensate for the loss of TNT in this case from the failed merger caused .
China Express Consulting Network Principal Consultant Xu Yong believes that if TNT did not spare a single acquisition program in this case , I am afraid aborted merger will form a greater pressure on its finances. TNT had a loss of funding has not been a good solution , was counting on UPS merger can relieve the financial pressure. Today UPS exit , TNT back into a tight financial pressures .