Deutsche Post to bid for Austrian postal service operator

Deutsche Post, Germany’s postal service operator, has revealed that it will bid for Austria’s postal service operator if the latter is privatised.

Chairman Klaus Zumwinkel has announced that he does not intend to close any of Deutsche Post’s current 5,000 post offices across Germany. He has not ruled out, however, that the group will close down some of its outlets at supermarkets and other retail businesses.