Thursday, 22 March 2012

What Can TNT Express Deal Do For UPS? Immediately Boost Profit - Forbes

A brief word of caution. UPS will need to win approval to the deal from regulatory organizations and labor groups. “These risks would be more speed bumps int he road than anything thesis altering,” RBC Capital Markets analysts say in a note. “As we have said before, we like this deal as it makes sense from a strategic perspective.” (The RBC analysts—John Barnes, Mike Fountaine and Todd Maiden—do assume a more down beat view on the transaction, suggesting it will take longer to merge TNT and UPS.)

UPS shares are up 2.8% at $80.57 since announcing the acquisition Monday.

Post a Comment

Google Mentoring Startup Entrepreneurs Daily update ⋅ October 17, 2017

To thrive,  startups  need great  mentors ; here's how to find them WCPO He provides plenty of networking opportunities between  ...