Deutsche Post may acquire US business (US-Konzern soll ubernommen werden)
Die Welt – Germany; Oct 18, 2001
Deutsche Post AG, the German post office, is planning to acquire Airborne Express, the struggling US logistics group, according to a press source.
It is reported that the US company’s stock market value stands at $500m, and that it has a free float of 77 per cent. Siemens declined to comment on the report.
Abstracted from Die Welt
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