Deutsche Post rules out takeovers

Deutsche Post has announced that it intends to focus on organic growth and has ruled out investing in other postal service companies outside Germany. This counters reports that the company was interested in acquiring Israeli postal service company Israel Postal Company. It is also said that representatives for Japanese and Chinese postal services could be in discussion with Deutsche Post.

However, the integration of newly acquired business in the express business has been slower than expected. The impending liberalisation of the European postal market threatens to entail a drop in figures for Deutsche Post.