UPS (UPS) reportedly offers "substantially improved" concessions in its attempt to gain the EU's...

|By:, SA News Editor

UPS (UPS) reportedly offers "substantially improved" concessions in its attempt to gain the EU's approval for its €5.2B ($6.84B) acquisition of Holland's TNT Express (TNTEF.OB). UPS has already offered to sell assets and open up its flight operations to rivals, although Competition Commissioner Joaquin Almunia has expressed caution about UPS's ability to allay his antitrust concerns.