Deutsche Post wants stake in Royal Mail (The Malaysian Insider)

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FRANKFURT, April 5 — Deutsche Post, Europe’s biggest mail company, is bidding for a stake in UK’s Royal Mail along with Dutch TNT and private equity firm CVC, a German weekly reported. A team of twelve Deutsche Post managers, headed by finance chief John Allan, had met with the advisory board of Royal Mail, Welt am Sonntag reported without citing sources in a preview of a story published today. …

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