Tag: Worldwide

Consignia looking to sell overseas ops

Consignia PLC chairman Allan Leighton is planning the sale of the Post Office and Royal Mail Group’s overseas operations which could be worth up to 500 mln stg, the Observer reported, citing senior Consignia sources.
The sources told the newspaper Leighton is “sceptical” about the value of the General Logistics Service division to the overall business, and that he prefers a sale which would reduce the company’s debt by between 450-500 mln stg.

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