19 March 2012 Updated at 05:25 ET
UPS agrees $6.8bn TNT deal as it seeks Europe expansion
TNT was spun off from Dutch mail company PostNL in May last year
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Package delivery firm United Parcel Service (UPS) has agreed to buy rival company TNT in a 5.2bn-euro ($6.8bn; £4.3bn) deal.
link-
http://www.bbc.co.uk/news/business-17426527