DHL buy of KarstadtQuelle logistics ops probed by cartel office

Germany’s cartel office said it has started a full investigation into Deutsche Post World Net AG unit DHL’s acquisition of KarstadtQuelle AG’s logistics operations. A cartel office spokeswoman the office has completed its four-week pre-examination of the deal and decided to launch a more lengthy investigation, which is expected to be completed by early July. KarstadtQuelle sold the logistics business of its department stores division to DHL for more than 200 mln eur.