Tag: Germany

Deutsche Post says it is too early to assess possible Austria Post partnership

Deutsche Post World Net AG said it is too early to assess whether it may see a possible strategic partnership with Austria’s postal service, in response to a report in Die Welt newspaper. ‘One problem is that there is a plethora of people involved, who all have or want to have a say in this to some degree,’ a spokesman for Deutsche Post said. Die Welt said today that Oesterreichische Post chief Anton Weis will propose a partnership with Deutsche Post, and specifically its express courier unit DHL, to the supervisory board today.

Read More

Austria postal service to propose Deutsche Post partnership

Austria’s postal service will propose setting up a strategic partnership with Deutsche Post World Net AG, allowing the German company to get a foothold on the Austrian market after its attempt to buy a 25 pct stake in its counterpart failed, Die Welt newspaper reported. In an article to appear in tomorrow’s edition, the paper said Oesterreichische Post chief Anton Weis will propose a partnership with Deutsche Post, and specifically its express courier unit DHL.
Oesterreichische Post’s 100 pct owner, Austrian state holding company OeIAG, will decide on possible cooperation on Sept 17, the newspaper said.

Read More

Deutsche Post aims at 25 per cent stake in Post Danmark

German postal company Deutsche Post is aiming to acquire the complete 25 per cent stake in Post Danmark, which the Danish parliament has approved for sale, the magazine Focus reported. In its latest issue due to appear on Monday, the Munich-based weekly cited Deutsche Post officials in Bonn as saying an offer will be made by September 6 for the stake. The Danish postal company has been cooperating with Deutsche Post subsidiary DHL in parcel services since the fall of 2003, the report noted.

Read More

Post Danmark partial sale going according to plan

The Danish Ministry of Transport claims that the sale of 25% of Post Danmark is going according to plan. Departmental head Michael Birch told the daily ‘Jyllands-Posten’ (19.08) that ‘a handful of post companies and financial investors’ had shown interest. Mr Birch confirmed that both Deutsche Post and TPG were among the contenders, with Deutsche Post being the most likely buyer.

Read More

Deutsche Post may be unsuccessful with Austrian Post plans

Deutsche Post, the operator of Germany’s postal service, may not be able to acquire a stake in Austrian postal service operator Osterreichische Post as planned. At present, the Austrian postal service belongs to Osterreichische Industrieholding, a state-owned industrial holding company; the company had originally intended to find a strategic investor by 2006. Deutsche Post was thought to be the most likely candidate, and was expected to acquire a stake of 25.1 per cent.

However, Osterreichische Post now says that it does not believe itself to be under any financial pressure to find a strategic partner, and that it does not expect to have to search for investors before 2007. Deutsche Post says that it will examine the possibility of acquiring shares in rivals of Osterreichische Post if it is unable to purchase a stake in the company.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest