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European UnionÌýantitrust regulators have not decided on whether to object to UPS Inc.’s bid to buy Dutch package firm TNT Express, Reuters reported Friday.

EU Competition Commissioner Joaquin Almunia told a news briefing in Brussels that the European Commission had not yet decided on the matter, Reuters said.

— extended from an originally targeted fourth-quarter completion — in order to allow European regulators more time to review the deal.

Separately, UPS’ international chief Dan Brutto said the company sees some short-term economic headwinds amid a decline in Asian manufacturing orders while it pursues the TNT deal, Bloomberg reported.

But UPS sees continued growth in Europe, Brutto said at a Bloomberg newsmakers event Thursday in Washington.

UPS is ranked No. 1 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.