Recently, the world's largest package delivery company UPS, agreed to 5.16 billion euros ($ 6.8 billion) in cash to acquire Europe's second largest courier service company TNT Express Group, the combined company annual revenue is expected to more than 45 billion euros, to become a global logistics industryleader.

Logistics giant UPS agreed to 5.16 billion euros ($ 6.8 billion) cash offer for TNT Express Group, the purchase price per share TNT ordinary shares of € 9.5, compared to the stock on February 16, that is, the two sides announced the day before the ongoing relevant negotiations closing price of a premium of 53.7%. The deal won the TNT executives and the board of directors unanimously adopted. The two sides will merge to strengthen and integrate the global business network, global logistics industry leaders to create an annual revenue of more than 45 billion euros.

TNT Express is the fourth in the four global logistics and distribution business in 2011 achieved revenues of 7.25 billion euros, of which two-thirds from the European market. UPS has exceeded the FedEx and Deutsche Post's DHL, the global revenue of the highest international logistics giants.

Headquartered in Atlanta, USA, UPS, the acquisition of TNT means that its market position in Europe will be the area's largest express operator Deutsche Post Group match, but will also deepen its high growth in the Asia-Pacific and Latin American markets developments. Create additional value for TNT's shareholders, will accelerate the growth of the UPS international business.

Accounted for 7.7% of the European express parcel market share in 2010 UPS, TNT, 9.6%, to combine, then you can catch up with the 17.6% share of DHL Express (DHL). The acquisition of TNT will be the UPS to set up a hundred years the largest acquisition.