Shares in the two arms of TNT began trading separately in Amsterdam on Thursday as the separation into two companies is almost completed. The Financieele Dagblad describes the first day of trading as spectacular, with TNT Express rising 9.7% to €9.45 by the close and PostNL closing down 7.4% at €7.40. TNT Express is seen as a potential takeover target. The separation into two companies, approved by shareholders earlier this week, will be final on May 31. The decision to … Continue reading PostNL and TNT Express make ‘spectacular’ stock exchange debut