UPS (UPS) will reportedly look to grow its existing business and at acquiring smaller European...

|By:, SA News Editor

UPS (UPS) will reportedly look to grow its existing business and at acquiring smaller European companies following the collapse of its €5.16B ($6.9B) acquisition of TNT Express due to EU opposition. However, UPS has no specific plans at this point; the company has already made purchases in Belgium, Italy and Turkey in recent years.