TPG participates in sales process for Post Danmark
Following increasing speculation in the international press, TPG N.V. confirms today that it has recently made a non-binding preliminary bid for a 25 percent stake in Post Danmark, as a first step in a sales process organised by the Danish government.
TPG is bound to confidentiality and will not be providing any further information about the status or the different steps in the process, but will of course inform the market without delay if and when a positive outcome for TPG will be achieved.
TPG N.V., with its two brands TNT and Royal TPG Post, is a global provider of mail, express and logistics services. The group employs around 160,000 people in 64 countries and serves over 200 countries. For 2003 the company reported sales of € 11.9 billion. TPG N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.
Note to editors (not for publication):
For further information, please contact:
Tanno Massar
TPG Media Relations
Tel.: +31 20 500 6171
Mobile: +31 6 205 43241
E-mail: [email protected]
David van Hoytema
Manager Investor Relations
Tel: +31 20 500 6597
E-mail: [email protected]
