Post Danmark preferred bidder for De Post-La Poste Belgium

The Danish postal service, Post Danmark, Friday said it and CVC Capital Partners Ltd. are the preferred bidder for a 50%-minus one share stake in De Post-La Poste, the Belgian postal service. Post Danmark said it and CVC, which holds a 22% in Post Danmark, are now in exclusive talks with the Belgian state and De Post-La Poste. The companies provided no financial details, and will make public the results of their negotiations in September, Post Danmark said. The Belgian government is seeking a strategic partner to modernize the postal service, Post Danmark said. The consortium of Post Danmark and CVC are now doing due diligence and will develop a business plan for De Post-La Poste, Post Danmark said.