German Post acquisition of Global Mail to make it world player and US market force

Article Abstract:

Deutsche Post AG's acquisition of US-based Global Mail underscores the German company's determination to become a dominant player in global postal markets. The purchase also allows DP to expand its service portfolio to US companies, said Don Brooks of International Post Service, a DP subsidiary. The purchase likewise came at the heels of DP's additional investment in DHL, in which DP increased its stake from 22.5% to 25%. DP's expanding US presence complements its growing European network, where it has been building a pan-European parcel network with facilitie in Poland, Austria, Belgium and Switzerland.

United States, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Germany, Company Planning/Goals, Private Mail & Express Services, Couriers and Messengers, Deutsche Post AG, Global Mail Ltd., Article

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British Post Office gets okay for global acquisition

Article Abstract:

British Post Office, recently turned into a public limited company by the UK government, is set to announce major investments intended to bolster its international capability. The company is now preparing a five-year investment plan, which a spokersperson for the post office said has a good chance of being approved by the government. The government has granted greater commercial freedom to the company to allow it to catch up with rival German Post, which has been on an acquisition spree.

United Kingdom, British Post Office

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