Deutsche Post sell 22.9% stake in Postbank
Deutsche Bank has agreed to acquire 22.9% of Postbank from Deutsche Post AG for around €1.1bn ($1.4bn)in stock and increase that holding in the years ahead.
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India Post goes mobile
India Post will soon launch an intensive SMS campaign in all leading mobile phone services in Chennai region to sell its World Net Express (WNX), a new logistics product.
Read MoreDeutsche Post wins challenge of Belgian La Poste aid
Deutsche Post has won a court ruling to annul the EU’s decision to support €297.5m ($384 million) of Belgian subsidies granted to rival La Poste.
Read MoreMecom sells Selekt Mail stake for €4m
Newspaper publisher Mecom said Dutch subsidiary Koninklijke Wegener had agreed to sell its stake in Selekt Mail Nederland to Deutsche Post.
Read MoreDeutsche Postbank will not be raising more capital in near future
Deutsche Postbank AG Supervisory Board Chairman Frank Appel has not ruled out the need to raise more capital in the long term.
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