-- United Parcel Service (UPS) has announced its financing plan for its
proposed acquisition of TNT Express N.V. It also announced that it expects to
spend $1.5 billion on share repurchases in both 2012 and 2013.
-- We are keeping our ratings on UPS on CreditWatch with negative
implications, where we had placed them after UPS first announced the
acquisition plan.
-- We are also evaluating UPS' exposure to multiemployer pension plans
(MEPPs). This liability,
No comments:
Post a Comment