TNT Logistics Still Looking For a Suitor
March 3, 2006 by Splatty
Filed under Integrators
TNT is still looking for a suitor for it’s logistics division after one of the more obvious choices, Kuehne & Nagel, declared that they are not interested.
TNT is trying to jettison it’s logistics activities in order to concentrate on it’s mail and express delivery solutions. The asking price for the logistics division is said to be between 1.5 to 1.8 billion Euros.
TNT announced the sale during December of last year and hoped to complete the sale by the second half of 2006.
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