Showing posts with label Deutsche Post. Show all posts
Showing posts with label Deutsche Post. Show all posts

Tuesday, July 10, 2007

UPDATE 1-D.Post up 1 pct on talk of private equity interest

(Reuters) - "A rumour is going around that a financial investor is
interested in Deutsche Post," a trader said.




Dealers mentioned Blackstone Group and KKR & Co. as
potential bidders.


Read more at Reuters.com Mergers News

Thursday, June 28, 2007

Commerzbank executive says keen on Postbank

(Reuters) - FRANKFURT, June 28 - Shares in Deutsche Postbank rose over 4 percent after a top Commerzbank executive said in a television interview his bank may be interested in Germany's biggest retail bank. Management board member Wolfgang Hartmann told Bloomberg Television that Postbank would be an "excellent addition" to Commerzbank's business.



"If it were possible to buy Postbank, we would immediately snap it up," Hartmann said. "Unfortunately, Deutsche Post isn't ready to sell at the moment."


Read more at Reuters.com Mergers News

Monday, June 18, 2007

UPDATE 1-Tognum could raise up to 2.24 bln eur in July IPO

(Reuters) - The deal could raise up to 2.24 billion euros
in what would be Germany's largest IPO since Deutsche Post
floated in 2000.




Swedish private equity firm EQT will sell 63.65 million
shares, with a green-shoe option for another 11.25 million
shares, while the firm will sell 11.35 million shares in a
capital increase. Green shoe is when the firm issues additional
shares to the underwriters if there is great public demand


Read more at Reuters.com Mergers News