French post office La Poste plans to take over Delta Diffusion, via its subsidiary Mediapost. Delta Diffusion, the targeted mail-shot and geomarketing specialist with a turnover of 127m euros is a subsidiary of Comareg, part of the Vivendi Universal Publishing group
Read MoreBritish Airways PLC reported a narrower loss for the fourth quarter despite the combined effects of a slowing U.S. economy, foot-and-mouth disease and malfunctioning computers. The world’s fourth-biggest airline posted a profit for the full year today, and its annual operating earnings beat most analysts’ forecasts despite higher fuel prices.
Read MoreJobs to be cut in mail transportation.
Read MoreDeutsche Post, the German mail and logistics group, on Tuesday said it would cut about 7,500 jobs from its transport division by 2004 and outsource the affected functions, in an attempt to reduce its wage bill by E100m ($88m) annually.
Read MoreSAS, the Scandinavian airline, on Monday launched a NKr1.13bn ($125m) takeover of struggling rival Braathens, which would effectively create a monopoly in the Norwegian domestic air travel market. SAS has agreed to buy out the airline’s two biggest shareholders – the Braathens family, which holds 38.8 per cent, and Dutch airline KLM, which has a 30 per cent stake.
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