Postal merger goes to Brussels
A proposed merger between the Swedish and Danish postal services, which was first announced in 2008 and would create a company with sales of about SKr45bn ($4.9bn), has finally been notified to Brussels for clearance under competition rules.
A proposed merger between the Swedish and Danish postal services, which was first announced in 2008 and would create a company with sales of about SKr45bn ($4.9bn), has finally been notified to Brussels for clearance under competition rules.
This starts a formal timetable and could provoke reaction from rivals in the Nordic market.
The move comes just weeks after CVC Capital Partners, the private equity group, agreed to sell its 22% stake in Post Danmark to the Danish government.
