Tag: Thiel Logistik

Deutsche Post, Thiel Logistik in Talks

Deutsche Post World Net AG and Thiel Logistik AG [Luxembourg] are in talks for a possible cooperation, Thiel chairman Guether Thiel said in an interview with Monday’s Handelsblatt. Despite the company’s [Thiel’s] current low share price, Thiel does not see the company as a takeover target, but added that independence is, ‘no dogma for us.’ The company is open to a partnership with a ‘small European postal company,’ to help build up its logistics operations, although as yet there are no concrete plans, Thiel said. The company [Thiel} is well-positioned in Austria and Switzerland, and the postal companies in these countries would be possible partners, he said.” (Source: Financial Times)

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