Deutsche Post Share Prospectus
Deutsche Post Share Prospectus
Read MoreTag: Germany
Deutsche Post acquires Kelpo Kuljetus Fri Oy & Quickmail
Deutsche Post acquires Kelpo Kuljetus Fri Oy & Quickmail
Read MoreDeutsche Post intends to float its shares in seven European countries
Agence France Presse has reported that Deutsche Post intends to float its shares in seven European countries. Shares should go on sale November 6 in Austria, Britain, Germany, Italy, the Netherlands, Spain and Switzerland. Weak sales on the French stock exchange in July 1999 and June 2000 from stocks of Deutsche Telekom has prompted Deutsche Post to avoid France.
Read MoreGerman Post Office has taken next steps in the "European Parcel War"
The MRU Consultancy (Germany) has reported that the German Post Office has taken next steps in the “European Parcel War”. Just a few days after the acquisition of part of the parcel network of competitor DPD, Post Office subsidiary German Parcel allegedly presented an offer to another DPD-Franchisee, the Hellmann Group of Partners. Hellmann, the biggest DPD-partner, is running six depots in the northern part of Germany and their parcel business is said to be nearly twice that of Dachser, which was acquired by GP just one week ago. An internal source mentioned that GP is willing to pay more than EUR 200 mio. for the acquisition; that will mean a price about 30% higher than was paid to Dachser. “If this rumor proves to be true,” MRU sources said, “the pressure on La Poste will continue to grow.”
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