TNT Express is in advanced negotiations with at least two prospective buyers to sell its airline...

|By:, SA News Editor

TNT Express is in advanced negotiations with at least two prospective buyers to sell its airline subsidiary as part of UPS's (UPS) €5.16B acquisition of the Dutch package-delivery company, the WSJ reports. However, talks may be complicated by concessions that UPS and TNT have to make to win EU approval for their deal.