Deutsche Post weighing Tibbett & Britten bid
Germany’s postal giant, Deutsche Post, is talking to investment banks to work out if it can table a counter-bid to buy Tibbett & Britten, the British logistics group.
Deutsche Post met a number of advisers last week to see if it could top the Pounds 328m agreed bid that has already been made by Exel. Tibbett’s distribution network would be an ideal platform for the German company to expand in Britain and achieve its ambition of competing head-on against Royal Mail.
Read More
