TNT Express Shareholders Adopt All Resolutions
OREANDA-NEWS. FedEx Corp. has taken note of TNT Express N.V.'s (TNT Express) press release in relation to the Extraordinary General Meeting that took place today (the EGM) confirming that the shareholders of TNT Express approved all of the resolutions on the agenda.
This release is made in connection with the recommended public offer by FedEx Acquisition B.V. (the Offeror) for all of the issued and outstanding ordinary shares in the capital of TNT Express, including all ordinary shares represented by American depositary shares (the Offer), as more fully described in the Offer Document.
"We appreciate that the shareholders of TNT Express approved the resolutions of TNT Express' Extraordinary General Meeting," said David Binks, Regional President Europe, FedEx Express. "We believe the combination of these two great companies will provide significant value to the employees, customers and shareowners of both TNT Express and FedEx, and we continue to work constructively with the regulatory authorities around the world to obtain clearance of the acquisition."
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