FedEx Corp. (NYSE: FDX) and TATEX, one of the leading French express
transportation companies, announced today that they are in discussions
about a potential plan to acquire TATEX.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with
a broad portfolio of transportation, e-commerce and business services.
With annual revenues of $42 billion, the company offers integrated
business applications through operating companies competing collectively
and managed collaboratively, under the respected FedEx brand.
Consistently ranked among the world's most admired and trusted
employers, FedEx inspires its more than 300,000 team members to remain
"absolutely, positively" focused on safety, the highest ethical and
professional standards and the needs of their customers and communities.
For more information, visit news.fedex.com.
Founded in 1976, TATEX is a leading B2B express transportation company
for heavy shipments in France. With more than 1,000 employees and a
nationwide network which includes a central Hub near Paris as well as 35
stations including 6 regional hubs, TATEX covers all of France and
carries more than 19 million parcels each year, representing an annual
turnover of about 150 million Euros. The company provides a wide range
of express and time-definite services for parcels as well as for pallets
of up to 800 kg in France and internationally. TATEX is known for
providing high-performance services to the high tech, spare parts,
automotive and clothing industries. For more information, visit www.tatexpress.com.