Independent journal on economy and transport policy
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La Poste to gain control of German parcel company
(Financial Times)
December 28, 2000
By Jorn Paterak in Hamburg
The French post office is to take full control of Deutscher Paket Dienst (DPD), Germany's second largest parcel company, when it raises its stake from 50 to 85 per cent in a E420m ($391m) deal within the next two weeks.
Peter Hoffmann, DPD chairman, told Financial Times Deutschland that La Poste would acquire the 35 per cent stake from a consortium of six ...... Read more on Financial Times
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