FedEx will acquire Dutch delivery giant TNT Express for $4.8 billion in an all-cash deal that will vastly expand the American company’s operations across Europe, the company revealed on Tuesday.

FedEx Corp. said the worldwide operations and communications systems of its TNT Express unit in Europe have been “significantly” affected by a cyberattack, causing delays in deliveries.

THE HAGUE, Netherlands - American package delivery service FedEx (FDX) has agreed to take over Dutch rival TNT Express, one of Europe's largest delivery companies, for 4.4 billion euros ($4.8 ...

A few weeks ago, FedEx Corporation (FDX-0.90%) celebrated the one-year anniversary of its acquisition of European freight dynamo TNT Express. The bold $4.9 billion purchase, the largest in FedEx's ...

Dutch logistics group TNT Express on Tuesday reported a first-quarter operating loss and lower comparable revenues and said the coming year would be difficult as it prepares to be taken over in 2016 ...

FedEx Corp. offered to acquire financially struggling Dutch logistics company TNT Express NV for 8 euros a share in cash as the U.S. company seeks to expand package deliveries in Europe.