newstodate.aero
Mar 23, 2012 (newstodate): If carried through, the planned acquisition by UPS to buy TNT will enable the world's largest packets delivery company to grow even bigger, especially in the European market.
The planned merger will, however, have repercussions also in other respects.
As one example, UPS is currently represented in the Baltic markets by agents including EKLT in Estonia, EKL/LS in Latvia, and Skubios Siuntos in Lithuania.
TNT is, however, present with own offices that will likely take over the merged business from UPS' agents in the Baltic markets.
The planned merger will, however, have repercussions also in other respects.
As one example, UPS is currently represented in the Baltic markets by agents including EKLT in Estonia, EKL/LS in Latvia, and Skubios Siuntos in Lithuania.
TNT is, however, present with own offices that will likely take over the merged business from UPS' agents in the Baltic markets.