Bakers and Allen & Overy act on €4.4bn FedEx bid for TNT
Baker & McKenzie is advising FedEx alongside Dutch firm NautaDutilh while TNT has turned to Allen & Overy
April 07, 2015 at 04:56 AM
2 minute read
Baker & McKenzie and Allen & Overy are advising on FedEx's €4.4bn (£3.2bn) acquisition of rival TNT Express.
The US parcel delivery firm has offered TNT shareholders €8 (£5.84) a share as part of a "conditional agreement" announced by the management of both companies in a joint statement today.
For advice on the deal FedEx has turned to Baker & McKenzie and NautaDutilh with J.P. Morgan Securities acting as financial adviser.
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