Jan 25 (Reuters) - TFI International Inc TFII.TO :
* TFI INTERNATIONAL TO ACQUIRE US$3 BILLION REVENUE LTL CARRIER UPS FREIGHT IN APPROXIMATELY US$800 MILLION ENTERPRISE VALUE TRANSACTION
* TFI INTERNATIONAL INC - EXPECTS TRANSACTION TO BE ACCRETIVE TO DILUTED EPS IN 2021
* TFI INTERNATIONAL INC - APPROXIMATELY 90% OF ACQUIRED BUSINESS WILL OPERATE INDEPENDENTLY WITHIN TFI INTERNATIONAL'S LTL BUSINESS SEGMENT
* TFI INTERNATIONAL - UPS WILL CONTINUE TO PROVIDE FREIGHT VOLUMES AND OTHER SERVICES TO TFORCE FREIGHT AFTER TRANSACTION FOR A BASE TERM OF FIVE YEARS
* TFI INTERNATIONAL - UPS TO RETAIN RESPONSIBILITY FOR PRE-CLOSING PENSION OBLIGATIONS, TAXES, ACCIDENT, WORKERS' COMPENSATION LIABILITY CLAIMS, COSTS
* TFI INTERNATIONAL INC - INTENDS TO MAKE TARGETED INVESTMENTS IN LTL FLEET IN FIRST 12 MONTHS FOLLOWING TRANSACTION