Austria quash Deutsche Post rumours

Austria currently has no plans to sell a stake in Oesterreichische Post, the country’s state asset agency OIAG said in an e- mailed statement.

Austria currently has no plans to sell a stake in Oesterreichische Post, the country’s state asset agency OIAG said in an e- mailed statement.

The agency doesn’t have a mandate to sell the postal service and is not in talks on a sale, according to Anita Bauer, a spokeswoman for the agency. She rejected an article in Profil magazine, which reported that OIAG plans to sell a 25% stake to Deutsche Post “in the medium term.”