Deutsche Post set for European shopping trip
Deutsche Post is mulling the purchase of Dutch letter distributor Sandd along with other possible European deals.
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Sandd up for sale; Germans and French interested
The Netherlands’ second largest mail group Sandd is in talks to sell all or part of the company, Reuters reported.
Read MoreDeutsche Post’s mail unit needs to cut costs
Cost cuts of three-digit-million-euro sum needed. Mail unit head confident to conclude wage talks quickly.
Read MoreDeutsche Post to close all of its own post offices
Deutsche Post said that it plans to exit the retail business and close all of the post offices it operates alone. Branches operated jointly with Postbank will continue to stay open.
Read MoreAustria Post report 2Q decline
Oesterreichische Post reported a 14% decline in second quarter operating profit, in line with market expectations, and said the worst was not over for it yet, report Reuters.
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