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Deutsche Post's Acquisition of Nedlloyd ETD Gets EU's Nod
(Cyber Shipping Guide - Ocean Commerce)
July 6, 1999
The European Commission (EC) has approved the acquisition of Royal Nedlloyd's European Transport and Distribution activities (Nedlloyd ETD) by Deutsche Post. The agreed sale price is (Euro) 533 million. Nedlloyd expects to realize a book profit of (Euro) 270 million. The intended sale was announced on March 18, 1999. It includes all participations in Nedlloyd ...... Read more on Cyber Shipping Guide - Ocean Commerce
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