TNT Express N.V.
Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.
Publicatie datum
05 sep 2012 - 17:30
Statutaire naam
TNT Express N.V.
Titel
UPS Public Offer for TNT Express – Offer Period extended until 9 November 2012; EU Competition Review Extended, Moves Completion Date
Bericht
Atlanta and Hoofddorp, 5 September, 2012: United Parcel Service (UPS) today confirmed that the Offer Period for its public Offer for TNT Express N.V. (TNT Express) is extended to 9 November 2012, as previously indicated on 22 August 2012 and in accordance with the terms and conditions set out in the Offer Memorandum dated 21 June 2012. This confirmation is formally required pursuant to Articles 15 and 16 of the Decree.
The Offer Period has been extended because not all conditions for completion of the Offer, in particular the condition on competition clearance, were fulfilled upon the expiry of the initial Offer Period on 31 August 2012.
UPS and TNT Express also confirmed today they mutually consented to a request from the European Commission to extend the review period for another 10 working days to enable the Commission to fully review additional information related to the transaction. As a result of this extension, UPS and TNT Express now anticipate completion of the Offer and close of the transaction in early 2013. If and when the currently extended Offer Period lapses without the condition on competition clearance having been fulfilled, an exemption will be requested from the Netherlands Authority for the Financial Markets (AFM) to extend the Offer period again.
During the extended Offer Period, Shares tendered during the initial Offer Period may be withdrawn in accordance with the provisions of Article 15, paragraph 3 of the Decree. Any Shares tendered during the initial Offer Period and not withdrawn will remain subject to the Offer.
UPS and TNT Express remain committed to the Offer and are working closely to fulfill all Offer conditions. Under the terms of the €5.16 billion ($6.51 billion [1]) Offer, UPS will acquire TNT Express to create a service leader in the logistics industry and an enhanced, integrated global network. The complementary strengths of both organizations will create a customer-focused global platform that will be a leader in transpor
Datum laatste update: 27 juli 2024