The UPS and TNT merger is unlikely to be stopped. Despite the deadline being postponed to 20th December, b
oth international express companies remain confident about their 5.2-billion-Euro deal which they hope to close by the end of this year.
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Image c/o 3plnews.com
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With UPS owning a big slice of the USA market and TNT growing stronger in Britain and Europe, DHL may find itself under pressure. In fact, experts have suggested that the merger could result in a joint market share of 25 percent in three European countries as demonstrated in a recent video by The Economist.
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