that Deutsche Post is looking at the possibility of spinning off its ailing freight forwarding operation or making an outright sale, leaving the company to focus on its mail and DHL express freight business, according to two people familiar with the matter.
It is rumoured that Deutsche Post may seek a partnership, create a joint venture or sell that Deutsche Post is looking at the possibility of spinning off its ailing freight forwarding operation or making an outright sale, leaving the company to focus on its mail and DHL express freight business, according to two people familiar with the matter.
It is rumoured that Deutsche Post may seek a partnership, create a joint venture or sell either part or the complete operation, the sources said, adding that no decisions have yet been made.
One option being looked at is a potential sale to Japan Post , which has ambitions to expand abroad and last year bought Australian freight firm Toll Holdings, one of the sources said.