The German parcel service provider German Parcel (GP) intends to expand its European network. GP managing director Rico Brack recently told the German daily broadsheet Die Welt that his firm was planning acquisitions this year in Spain, Italy and Scandinavia.
Read MoreEven though DHL International, a subsidiary of the Deutsche Post World Net (DPWN), increased its turnover during the first six months of this year by 9.4% to EUR 2.4 billion, the company still made a loss.
Read MoreDespite the uncertain economic outlook and its possible adverse effects on the logistics business, Schenker CEO Håkan Larsson is confident that his group has good prospects of success in the international market over the next few years
Read MoreThe German federal cartel office is ‘very likely’ to ban Deutsche Post AG from acquiring the majority of the express service company Trans-o-flex (Tof). The case, which is expected to be closed by November, will probably also involve a ban on the acquisition of a 24.8% share. Negotiations are taking place with the post and the majority shareholder, Bayerische Landesbank, with the aim of reducing Deutsche Post’s influence to a reasonable minimum and to ensure the operative independence of Tof.”
Read More“Deutsche Post AG has reported extensive purchases by investors abroad. This is according to an analysis of the shareholder structure. At less than EUR 15, the share price is nevertheless well below the issue level. Deutsche Post has registered shares and plans to publish ownership details regularly in the future.
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