Tag: Germany

SBB/DHL Express service expands

The express parcel service of the Swiss railway company SBB and the express service of the German Post Office, DHL express4you, have expanded to 29 Swiss railway stations. The new stations where the service is available are: Brig, Sitten, Montreux, Neuenburg, Thun, Biel, Solothurn, Olten, Aargau, Baden and Schaffhausen.

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Deutsche Post raises stake in DHL to 100%

Deutsche Post World Net AG said it has taken 100% control of DHL International by acquiring the remaining 23% from two investment funds and 1.4% from Japan Airlines.

A company statement did not disclose financial details but noted that DHL plays “a decisive role” in Deutsche Post’s strategy.

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Deutsche Post 'surprised' at BHF bad loans

Deutsche Post has conducted due diligence of ING Group’s German banking unit as speculation grows that the Dutch financial services company is seeking to sell the business.

Postbank, the German postal company’s own financial unit, examined the BHF business several weeks ago, according to people close to the company. However, it was said to be “surprised” at BHF’s rising exposure to bad corporate loans.

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