Government considers new flotation for post office

The German ministry of finance has not ruled out a secondary offering of shares in Deutsche Post AG, the German post office operator, although it is not absolutely intent on the measure.

A new share issue would depend on the company’s share price, which is currently below the issue price of 21.40 euros. The state budget for 2002 includes privatisation income of DM5bn.

Abstracted from Suddeutsche Zeitung Abstracted from Suddeutsche Zeitung in German. Copyright 2001 Financial Times Information, Dow Jones, Dialog.

Source: World Reporter (Trade Mark)

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