The European Commission said it has cleared the acquisition by Deutsche Post AG of Williams Lea Ltd.
The deal was cleared under the EU’s simplified merger procedure, a regulatory process use in cases which the commission considers are unlikely to raise competition concerns.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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