Deutsche Post expands its global reach as a logistics/express integrator
What does $6 billion buy? If you are Klaus Zumwinkel, the visionary management board chairman of Deutsche Post AG, which runs the German post office, it buys you entry into the global express delivery/logistics field at a time when your monopoly profits from Germany’s mail delivery business are coming under increasing pressure from government-driven liberalization and tariff regulation. But a scat at the table is not a license to print money, as Zumwinkel is learning.
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