Acquisitions boost Deutsche Post
Germany’s Deutsche Post World Net said on Wednesday that its profit rose by nearly 50% in 2000 as the former postal monopoly went on a buying spree to push into foreign markets and expand beyond delivering mail. Net profit jumped 48% to 1.5 billion ($1.3 billion) from $895 million the previous year. Sales advanced 46% to $29.2 billion from $20 billion.
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