Post companies to submit bid for joint venture with Greek Post Office

Deutsche Post of Germany, Netherlands Post Offices (TPG) and La Poste of France have until March 8 to submit binding bids in the part-privatisation of Hellenic Post Offices. The shortlisted companies were asked to submit their proposals on forging a strategic alliance that would be accompanied by a 10 percent holding in Hellenic Post Offices; and the creation of a joint venture in speed deliveries. In addition, the process will begin this year for Hellenic Post Offices to enter the Athens Stock Exchange.