Deutsche Post to invest at least 1bn Eur for mail ops in Europe
Deutsche Post World Net AG plans to invest at least 1 bln eur to expand its mail operations in Europe, management board chairman Klaus Zumwinkel said in an interview with Financial Times Deutschland.
He said the company is currently negotiating with the post office in Denmark, whose government has decided to sell a stake of around 25 pct to investors.
“The strategic fit is there, if we can bring in the know-how and the price is right,” he said.
