Danish govt to privatise Post Danmark, to sell 25 pct of stock

The government plans to convert Post Danmark into a joint stock company and sell 25 pct of the stock, newswire Ritzau’s Bureau reported, citing prime minister Anders Fogh Rasmussen at his weekly press briefing.

The Liberal-Conservative government agreed today on the model to be used for privatisation of postal operations, it wrote.

But Fogh Rasmussen would not reveal any date for the sale of stock, it added.

“The date is when we can do a good deal,” the prime minister said.