Austria quash Deutsche Post rumours
Austria currently has no plans to sell a stake in Oesterreichische Post, the country’s state asset agency OIAG said in an e- mailed statement.
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German customers benefit from posting costs
German mail customers are benefiting more than almost any other country from the stable price of a standard letter.
Read MoreBenefit capped on Deutsche Bank share gain, says Appel
Deutsche Post’s upside from a rally in Deutsche Bank shares is limited, damping potential gain from the sale of its Deutsche Postbank unit, Deutsche Post CEO Frank Appel said.
Read MoreBids for Royal Mail stake due in April
Bids for the sale of a 30% stake in Royal Mail are due in April, business minister Peter Mandelson has said, signaling the government is pushing ahead with the controversial sale.
Read MoreDeutsche Post shows interest in Royal Mail
The UK government’s attempts to part-privatise Royal Mail gained some much-needed momentum on Sunday when rival Deutsche Post emerged as a potential bidder.
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