Tag: Germany

Deutsche Bank refuses comment on possible Postbank bid after board meeting

Germany’s Deutsche Bank refused to comment Tuesday on the outcome of a board meeting at which it reportedly was considering whether to bid for Postbank, the country’s biggest retail bank. The meeting followed persistent media reports over the past week that Deutsche Bank is considering a takeover of Postbank, a unit of German postal service Deutsche Post. Both Deutsche Bank and Deutsche Post have refused to comment.

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Deutsche Post Global Mail to acquire US mail companies SmartMail and QuikPak

Deutsche Post Global Mail USA, a subsidiary of Deutsche Post World Net, today announced it has reached agreements to acquire the US mail service providers SmartMail Services and QuikPak Inc. SmartMail is the leading provider of transport and sorting services for flat mail. QuikPak is the market leader in catalog fulfillment. With this merger, Global Mail will be offering customers in the USA unprecedented mail services within the country as well as throughout the world. While SmartMail and QuikPak are high-performing providers in their respective domestic business segments, Global Mail is the leading service provider for cross-border mail solutions.

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German Deutsche Post offers Stampit Home software

Deutsche Post has launched a version of its PC franking software for private users. The ‘Stampit Home’ software allows consumers to purchase electronic stamps and frank small envelopes online. The software costs a one-off fee of EUR 9.95.

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