- European regulators are considering demanding concessions such as asset sales from FedEx (NYSE:FDX) in order to authorize the company's proposed €4.4B ($4.9B) acquisition of Dutch rival TNT Express (OTC:TNTEF), the WSJ reports.
- FedEx had predicted that the deal would easily receive approval, arguing that it was much different from UPS's (NYSE:UPS) attempts to buy TNT in 2013, which failed because of regulatory objections. UPS's appeal over the matter has been complicating the FedEx-TNT combination.
- The EU could formally send its concerns to FedEx in a couple of weeks, although it could still unconditionally authorize the deal.
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