D.Post among bidders for stake in Royal Mail

[TrueBlueTerrier]

http://www.reuters.com/article/rbssIndu ... 3020090404" onclick="window.open(this.href);return false;

FRANKFURT, April 4 (Reuters) - Deutsche Post, Europe's biggest mail company, is bidding for a stake in British state-owned postal company Royal Mail along with Dutch TNT (TNT.AS) 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 to be published on Sunday.

Deutsche Post declined to comment.

According to the paper, Deutsche Post, TNT and CVC had begun the last round of bidding. It said the price for the stake was estimated to be at least 3 billion euros.

The British government wants to partly privatise its postal operator in order for it to remain commercially viable.

Dutch TNT said in December that its interest in a stake in Royal Mail hinged on the full implementation of reform proposals, including changes to regulation and the government paying off much of Royal Mail's company pension liabilities.

British business minister Peter Mandelson paved the way for the sale of up to 30 percent of the state-owned postal services firm in February in return for the government guaranteeing a universal service and taking over the company's 8 billion pound ($11.73 billion) pension deficit.

The government aims to sign a deal with a partner by this summer.

The Sunday Telegraph reported last month that Belgian postal group De Post-La Post was also interested, along with companies in Germany, Denmark and Sweden.

(Reporting by Nicola Leske)

[andy2007]

FFS will there be anything left in the UK that will be owned by the UK

Mandelson feck you :mfo

Yes: The loss making Banks; Pension deficits; and massive Government debts.

[johnsouthwales]

what interests me with deutschepost is who owns what and which areas.. germany did a clever aquirement in the letters privatisation, a private investor who were actually state funded..

http://www.boeckler.de/pdf/wsi_pj_piq_sekpost.pdf" onclick="window.open(this.href);return false;

http://www.euractiv.com/en/transport/po ... cle-161377" onclick="window.open(this.href);return false;

pity postcomm haven't done an update on below..

http://www.postcomm.gov.uk/postcomm/liv ... g_2005.pdf" onclick="window.open(this.href);return false;

[Yahoorsur]

what interests me with deutschepost is who owns what and which areas.. germany did a clever aquirement in the letters privatisation, a private investor who were actually state funded..

http://www.boeckler.de/pdf/wsi_pj_piq_sekpost.pdf" onclick="window.open(this.href);return false;

http://www.euractiv.com/en/transport/po ... cle-161377" onclick="window.open(this.href);return false;

pity postcomm haven't done an update on below..

http://www.postcomm.gov.uk/postcomm/liv ... g_2005.pdf" onclick="window.open(this.href);return false;

From the euractiv.com site
'Adam Crozier, CEO of the UK’s Royal Mail, said that despite his original reluctance to liberalise postal markets, he now strongly believed that competition is both good for the company and the consumer. “In three years, Royal Mail went from being a loss-making operator to a profit-making one,” he said, adding that, despite a loss of 55,000 workers, Royal Mail’s workforce was now “happier, better paid and more efficient”. The British state-owned company wants competitors to be able to choose between building alternative networks or accessing existing ones on a non-discriminatory basis, at a price related to costs. “This needs to be enshrined in any new postal services Directive,” it stated'



Adam you really are a twat.

[k979aaa]

what interests me with deutschepost is who owns what and which areas.. germany did a clever aquirement in the letters privatisation, a private investor who were actually state funded..

http://www.boeckler.de/pdf/wsi_pj_piq_sekpost.pdf" onclick="window.open(this.href);return false;

http://www.euractiv.com/en/transport/po ... cle-161377" onclick="window.open(this.href);return false;

pity postcomm haven't done an update on below..

http://www.postcomm.gov.uk/postcomm/liv ... g_2005.pdf" onclick="window.open(this.href);return false;

From the euractiv.com site
'Adam Crozier, CEO of the UK’s Royal Mail, said that despite his original reluctance to liberalise postal markets, he now strongly believed that competition is both good for the company and the consumer. “In three years, Royal Mail went from being a loss-making operator to a profit-making one,” he said, adding that, despite a loss of 55,000 workers, Royal Mail’s workforce was now “happier, better paid and more efficient”. The British state-owned company wants competitors to be able to choose between building alternative networks or accessing existing ones on a non-discriminatory basis, at a price related to costs. “This needs to be enshrined in any new postal services Directive,” it stated'



Adam you really are a twat.

This fool :cfo left english football the laughing stock of the world no reasonable person/journalist should take this failed :cfo CEO :cfo with any credibility it is too our deep dismay he still leads us into the conference league and beyond to the pub football side which will will become with TNT/DHL/UK,MAIL/BUISNESS,POST/ ET AL!.

[stokes11eg]

what interests me with deutschepost is who owns what and which areas.. germany did a clever aquirement in the letters privatisation, a private investor who were actually state funded..

http://www.boeckler.de/pdf/wsi_pj_piq_sekpost.pdf" onclick="window.open(this.href);return false;

http://www.euractiv.com/en/transport/po ... cle-161377" onclick="window.open(this.href);return false;

pity postcomm haven't done an update on below..

http://www.postcomm.gov.uk/postcomm/liv ... g_2005.pdf" onclick="window.open(this.href);return false;

I remember when Crozier first
came on the scene-there was talk of a red card system for warnings etc, 3 strikes and you are out kind of scenario.
And, we are happy???!



From the euractiv.com site
'Adam Crozier, CEO of the UK’s Royal Mail, said that despite his original reluctance to liberalise postal markets, he now strongly believed that competition is both good for the company and the consumer. “In three years, Royal Mail went from being a loss-making operator to a profit-making one,” he said, adding that, despite a loss of 55,000 workers, Royal Mail’s workforce was now “happier, better paid and more efficient”. The British state-owned company wants competitors to be able to choose between building alternative networks or accessing existing ones on a non-discriminatory basis, at a price related to costs. “This needs to be enshrined in any new postal services Directive,” it stated'



Adam you really are a twat.

This fool :cfo left english football the laughing stock of the world no reasonable person/journalist should take this failed :cfo CEO :cfo with any credibility it is too our deep dismay he still leads us into the conference league and beyond to the pub football side which will will become with TNT/DHL/UK,MAIL/BUISNESS,POST/ ET AL!.