PostNL N.V. (PNL)

  1.30
   
  • Change Today:
     0.00
  • 52 Week High:  2.22
  • 52 Week Low:  1.19
  • Currency: Euro
  • Shares Issued: 469.20m
  • Volume: 1,099,798
  • Market Cap:  608.08m
  • Beta: 1.13

TNT accepts improved 5.2bn euro offer from UPS

Date: Monday 19 Mar 2012

LONDON (ShareCast) - TNT Express has agreed to take United Parcel Service’s (UPS) increased 5.2bn euro offer.

The American delivery company upped its takeover price to 9.50 euros, from the previous 9 that were initially offered last month.

TNT’s largest shareholder PostNL has also said that it will tender its 29.8% stake.

In a joint statement, the two companies indicated that the deal “will create a global leader in the logistics industry with more than €45bn in annual revenues and an enhanced, integrated global network.”

TNT Express and PostNL were trading up 1.7% and 2.2%, respectively, in morning trade. UPS will begin the US session at $78.41.

JM

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PostNL N.V. Market Data

Currency Euro
Share Price   1.30
Change Today   0.00
% Change 0.15 %
52 Week High  2.22
52 Week Low  1.19
Volume 1,099,798
Shares Issued 469.20m
Market Cap  608.08m
Beta 1.13

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 7
Sell 2
Strong Sell 0
Total 9
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 07-Jun-2024

Time Volume / Share Price
17:35 1 @  1.30
17:35 6,992 @  1.30
17:35 5,987 @  1.30
17:35 955 @  1.30
17:35 1,056 @  1.30

PostNL N.V. Key Personnel

CEO H.M. (Harry) Koorstra
CFO J.P.P. (Jan) Bos

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