TPG becomes TNT
The Board of Management at the Dutch company TPG resolved at its annual meeting yesterday to adopt the name 'TNT'. TPG of course owns the TNT brand and believes that using the name of its well-known subsidiary will give it better brand recognition across its areas of operation.
As the board states, "Using one brand name will make the group more recognizable and will make communication with regard to the services rendered more efficient. Furthermore, the name change emphasizes the internationalization of the business."
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