Year: 1999

THE POST OFFICE BUYS US BASED CITIPOST

5 January 2000 – The UK Post Office acquired a 100 per cent holding in Citipost Group. The total consideration is reported at £25m. Citipost is a group of document delivery companies based in New York and owned by Richard Trayford and Hugh Fitzwilliam-Lay. It has offices in major American Cities, London, Frankfurt, Singapore and other centres.

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Purchase of Unicool Shares

Leif Höegh & Co ASA (LHC), presently owning 49.8% of Unicool, has negotiated the main terms of a purchase of its partner’s 50% shareholding in Unicool.

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UPS Acquires Rollins Logistics

Nov 1999 — The UPS Logistics Group today announced an agreement in principle to acquire the assets of Rollins Logistics, a subsidiary of Rollins Truck Leasing Corp

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Air Express International (AEI) Signs Definitive Merger Agreement With Deutsche Post; Deutsche Post Gains Base In U.S.A.

March 2000 Deutsche Post bought the shares in Air Express International (AEI) for a reported $1144m. In the DP annual report the actual cost was listed as Euros 1197m. Assets acquired were Euros 1708m of which Euros 1055m was goodwill. Liabilities were Euros 421m. In the year 2000 AEI enhanced revenue by Euros 638m and the profit effect was -10m Euros.

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New Zealand Post 1997-98 annual report.

New Zealand Post: 1997/98 Annual Repor http://www.nzpost.co.nz/nzpost/corporate/98anrep/index.htm

OTHER INFORMATION 1997-98 Annual Report
Annual and Half-Year
Reports
Media Releases 1997/98 – The Year in Review
New Zealand Post – The
Last Ten Years Chairman’s Letter
The Future of Post About New Zealand Post
Facts about Deregulation Chief Executive’s Letter
Relative Postal Rates Making Money
Winning Customers
Building Relationships
Delivering the Future
The Board
Statement of Corporate Governance
Six Year Trend Statement
Financial Statements
Remuneration
Statutory Information
Delivery Performance
Directory

PostShop | Business Solutions | Corporate Information | Features
© 1997 New Zealand Post Ltd About This Site | Webmaster

1 of 1 11/30/1998 5:24 PM

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Year in Review — 1997/98 Annual Report http://www.nzpost.co.nz/nzpost/corporate/98anrep/review.htm

REPORTS AND MEDIA 1997-98 Annual Report
RELEASES
1997-98 Annual Report Year in Review
Year in Review Deregulation of standard letter market from 1 April
Chairman’s Letter 1998.
Financial Statements
1997-98 Half Year Report Tax paid profit of $18.0 million – operating dividend to
shareholders of $15.0 million.
1997 Annual Report
1996 Annual Report Capital expenditure of $53.3 million.
Total mail volume 1.431 billion items – letter growth of
OTHER INFORMATION 2.4% lowest since 1992.
Annual and Half-Year CourierPost volume growth of 16% – courier network of
Reports 555 owner/drivers.
Media Releases
New Zealand Post – The Acquisition of XP Group (NZ) Ltd, January 1998.
Last Ten Years Rural delivery points exceed 150,000 for first time.
The Future of Post Retail network expands to 1,025 Post Shops and Post
Facts about Deregulation Centres including 130 franchised Post Shops.
Relative Postal Rates Installation of leading edge mail processing technology –
complete by end 1998.
Completion of new Mail Service Centres in Auckland
(International), Dunedin, Tauranga and Whangarei.
S

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