Deal Details

$71 million acquisition TNT NV, Expresso Araçatuba Transportes e Logística

TNT NV has agreed to acquire Expresso Araçatuba Transportes e Logística for a total consideration of $71 million on a cash and debt-free basis.

The initial purchase of 51% of the shares was made in May 2009. The remaining 49% of the shares will be purchased in May 2010.

Further details were unavailable. .

Value: $71 million
Closed: May 04 2009

Parties involved

Legal advisers

TNT NV
Acquirer
In-house
Jan Kiewiet de Jonge
Boudewijn Wentink

Pinheiro Neto Advogados - Sao Paulo
Fernando Alves Meira
Expresso Araçatuba Transportes e Logística
Target
Velloza Girotto e Lindenbojm Advogados - Sao Paulo
Alexandre Gottlieb Lindenbojm