TPG, France’s La Poste in joint bid for Belgian post stake

Dutch postal group TPG and French state-owned La Poste have formed a consortium to bid for a stake in Belgium’s state-owned postal service, Le Soir newspaper reported on Saturday. Deutsche Post World Net AG and the Swiss and Danish postal services are also potential bidders. The Belgian government will confirm the list of candidates in early March, and hopes to chose the winning bidder by the summer, the newspaper said. The Belgian state will still retain a majority stake in the postal service after the stake sale.