UK Hays puts mail division up for sale
Hays, the services group turning itself into a pure staff recruitment business, has put its profitable mail operations up for sale in a move bound to attract big European players such as Deutsche Post.
Colin Matthews, chief executive, who has raised GBP 355m from 11 disposals of commercial and logistics businesses, said: “We are actively looking at all the options for mail, including a straight forward sale, a demerger or a float: whatever route you can think of.”
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