Deutsche Post To Sell French Domestic Parcel Unit By End 1Q - January 26, 2010
[Kirsten Bienk, Dow Jones Newswires.]German logistics and mailing company Deutsche Post AG aims to sell its French domestic parcel operations by the end of the first quarter of 2010, spokesman Claus Korfmacher told Dow Jones Newswires.
The preferred bidder is investment firm Caravelle, he said.
The company declined to disclose financial terms of the possible deal.
