Bakker Believes China Is Key to Tnt's New Expansion Plans

Summary


The chief executive of Anglo/Dutch mail and logistics company TNT yesterday said he was on the look-out for acquisitions in Europe and China.

Peter Bakker said TNT could comfortably spend up to a billion euros (pounds 675 million).

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Extract


Bakker Believes China Is Key to Tnt's New Expansion Plans

"We are actively looking in the express arena in Europe and we are even looking in China," he said.

Mr Ba...

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