TNT is for sale
Or at least, it was last year when the decision was made to split TNT in two, TNT Express and PostNL (effective this past May). FedEx and UPS were interested, among others.
If UPS gets it, it's bad news for FedEx (very distant third) and DHL (barely ahead of UPS-TNT) in Europe.
If FedEx gets it, it's bad news for staff (no JAA at FedEx).