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Deutsche Post AG (DPWGn.DE)

DPWGn.DE on Xetra

28.06EUR
13 Jul 2018
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Wed, Jul 11 2018

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Deutsche Post hires bank to explore StreetScooter options - sources

FRANKFURT/DUESSELDORF German postal services group Deutsche Post has hired Goldman Sachs to evaluate options for its electric van business StreetScooter as it seeks to expand the unit and tap an expected surge in demand, people close to the matter said.

UPDATE 1-Deutsche Post hires bank to explore StreetScooter options -sources

* IPO, partial sale among options -sources (Adds further details on valuation, potential partners)

Deutsche Post hires bank to explore Streetscooter options-sources

FRANKFURT/DUESSELDORF, July 11 German postal services group Deutsche Post has hired a bank to evaluate options for its electric van business Streetscooter as it seeks to expand the unit and benefit from an expected surge in demand, people close to the matter said.

Deutsche Post executive board member to quit over strategy differences

FRANKFURT Deutsche Post executive board member Juergen Gerdes will leave the German postal services group over strategic differences, following his removal from the group's largest division by revenue earlier this year.

UPDATE 1-Deutsche Post executive board member to quit over strategy differences

* Board member Ogilvie takes over as head of electric van unit (Adds background on Gerdes career, PeP unit)

Deutsche Post warns parcel restructuring will hit profit

FRANKFURT Deutsche Post DHL set out plans to restructure its post and parcel delivery division to better cope with rising staff and transport costs and slashed its 2018 operating profit forecast by almost a quarter, sending its shares sharply lower.

Deutsche Post CEO says has 'ideas' for leadership of parcel ops

FRANKFURT Deutsche Post DHL Chief Executive Frank Appel said he had "some ideas" for the future leadership of the group's Post - eCommerce - Parcel (PeP) division but declined to provide details.

Deutsche Post warns parcel restructuring will hit profit

FRANKFURT Deutsche Post DHL set out plans to restructure its post and parcel delivery division to better cope with rising staff and transport costs and slashed its 2018 operating profit forecast by almost a quarter, sending its shares sharply lower.

UPDATE 2-Deutsche Post warns parcel restructuring will hit profit

* Shares drop as much as 9 percent (Adds further details of restructuring measures, CEO comment, analyst comment)

Deutsche Post shares plunge on restructuring costs

FRANKFURT, June 8 Deutsche Post will take a hit of around 650 million euros ($763 million) this year as it strives to boost profitability at its post and parcel delivery division, it said on Friday, hammering its shares.

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