Deutsche Post to co-operate with Post Danmark

Deutsche Post, Germany’s postal service operator, has signed a co-operation agreement with Post Danmark, its Danish counterpart, as part of which the latter will start working for DHL Express, the former’s subsidiary, in Denmark. The German group is also among the future bidders for the 25 per cent stake which the Danish state intends to sell in Post Danmark in the near future. The co-operation agreement is expected to improve Deutsche Post’s chances of being chosen as the buyer of the 25% holding.