Deutsche-Post buys British logistics firm Exel

German postal and logistics company Deutsche Post AG today said it will take over the British-based Exel for €5.5bn.

Mon, 19 Sep, 2005 - 08:56

German postal and logistics company Deutsche Post AG today said it will take over the British-based Exel for €5.5bn.

The deal, which still has to be approved by Exel shareholders, is the largest international acquisition for Deutsche Post.

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