According to German government circles, the Federal government plans to sell its shares in Deutsche Post and Deutsche Telekom by the end of 2006. Financial minister Hans Eichel (SPD) has allowed for almost EUR15.5bn of revenue from privatisation; the biggest part of it is to be generated by the sale of Telekom and Deutsche Post shares.
Read MorePresentation at UK Express Delivery Conference by Claude Begle, DPD/GeoPost.
Contains size of European market, European market share, market shares for UK Benelux, France & Germany, GeoPosts alliances.
P:LibraryUK Express Delivery 04Claude_Béglé.ppt
The chairman of German postal services operator Deutsche Post, Klaus Zumwinkel has said that French postal service La Poste will have reason to worry when his group enters the French market in view of the EU’s liberalisation of the postal sector, to be completed in 2009.
Read MoreGermany’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 MoreThe German government plans to sell its remaining shareholdings in telecommunications giant Deutsche Telekom and the semi-privatised postal authority Deutsche Post by 2006, government sources said on Tuesday.
Berlin plans to raise around 15.5 billion euros (18.6 billion dollars) by selling the lion’s share of its remaining stakes in Deutsche Post and Deutsche Telekom next year, with the proceeds earmarked to go into the budget, the sources said.
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