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What's Driving Standard & Poor's Ratings On United Parcel S
United Parcel Service (UPS), the world's largest package delivery company, recently announced that it has agreed to acquire TNT Express NV for €9.50 per share, or an estimated $6.77 billion. Standard & Poor's will assess the impact of the proposed transaction on UPS's credit profile and will resolve the CreditWatch listing when the deal closes. In this CreditMatters TV segment, Director Lisa Jenkins discusses how the deal could affect UPS's competitive position, credit metrics, and business risk, among other things. Topics include how the deal will be financed, financial policy, shareholder approval, and integration and regulatory risks.