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.

Companies including UK Mail, Deutsche Post, Hays, Express Dairies and TNT have been developing rival services. In April, TNT signed a deal with Royal Mail allowing it to offer bulk mailings of items ...

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's €4.4 billion ($4.8 billion) offer for TNT Express (which had €449 million in net cash on its balance sheet at the end of the fourth-quarter) will certainly add scale -- FedEx's last ...

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.

FedEx Corp. on Tuesday said it would buy Dutch parcel-delivery firm TNT Express NV for about €4.4 billion ($4.8 billion) to expand in Europe. The deal comes two years after a takeover of TNT ...